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How Does The Economy Affect Social Security?

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How Does The Economy Affect Social Security?
The economy effects retirement benefits by the increasing and decreasing of stocks which would affect social security and Medicare. The economy all started from farming and cropping profits, which was being made from all the goods that were being sold, however, as the years went on things started to change and income started increasing. This meant that more inventions and ideas were getting better which were sold to consumers for direct use or ownership rather than resale. Crops increased and improved with stock and railroads and also war helped with stock. Goods were sold and railroads helped transport goods and humans around the world. Which was a demand curve traces the quantity of goods or services (why is this most relevant). Also the …show more content…
However, as the years went on stock raised and raised and at any time a rich man was up and coming. People were making an enormous profit during that era; however, things started increasing more. (There is no main identified idea in this paragraph) Believe or not Competition and Market Structures are what made the stock rise and trash as well in my belief because the more one stock made forced other stock to keep extra material which was wasting money and the material was not selling as much as they was spending on material and making the product. Producers created way too much material. Supply and demand was not being used during that time because If so they would not have produced so much material they would find out how much of something you have and have produced how many of something people wanted which is supply and demand. If that had occurred during that time the market may have not had trashed. Although the stock was rising and rising, but what goes up must come down (market failure), after a few years the stock trashed really bad which forced the greater the depression among the economy. The nation was in some deep trouble at this time and did not have any way to overcome this problem, until President Roosevelt became president and all that

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