One important aspect of the new social contract is:A. Fixed pension benefits have increased significantly. B. Fixed pension benefits have remained a solid incentive for workers. C. Fixed pension benefits have been eliminated in the U. S. by around 90 percent. D. Defined contribution plans provide more returns and less risk.

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Leland Welch

Business

22 July, 11:50

One important aspect of the new social contract is:A. Fixed pension benefits have increased significantly. B. Fixed pension benefits have remained a solid incentive for workers. C. Fixed pension benefits have been eliminated in the U. S. by around 90 percent. D. Defined contribution plans provide more returns and less risk.

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Pierce Sloan · Answer 1

Answer:C. Fixed pension benefits have been eliminated in the U. S. by around 90 percent.

Explanation: Social contract is a term used in sociology to describe the contractual obligations between different facets or categories of persons in a social setting which enables them to effectively establish a moral, political and economical etc ways of executing or doing things.

When people are in a Social contract with their Government, it means both the Government and the people have certain rights and responsibilities which they have to perform to sustain their relationships.