Exam 15: Basic Concepts III: Social and Economic Outlook for an Aging Society

Social class position in old age is influenced by which of the following?

As a large demographic group, older Americans have much higher levels of total wealth compared with younger people.

Since the 1980s, the income of older people in the United States has grown faster than the income of younger people.

Describe how gender, race, and social class intersect to influence the experience of aging in the United States.

What are the implications of an increasingly ethnically diverse population for aging in American society?

In recent decades, there has been an increase in midlife and older adults participating in the labor force.

The poverty rate is highest among which of the following groups?

Since women are more likely than men to be widowed in old age, women are more likely to receive private pensions to ensure a minimal income.

The "gray lobby" refers to which of the following?

In old age, social class is related more to accumulated advantage or disadvantage than to employment.

What are the major sources of retirement income among older people today? How have sources of retirement income changed over the last several decades? How have these patterns been changing since the economic downturn that began in 2008?