Problem
For each of the major aspects of the social security program (retirement insurance, survivors insurance, disability insurance) describe the market failures that gave rise to the program or that might be used to justify its continuation. Assume you were asked to design a program that was to address only one of the market failures. For as many market failures as you can, describe an alternative program to the present system and explain its advantages and disadvantages over the present one.
The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.