How does Social Security embody the principles of equity and adequacy? How would this balance be affected by changing Social Security into a privatized system?

Name: How does Social Security embody the principles of equity and adequacy? How would this balance be affected by changing Social Security into a privatized system?
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The Answer of How does Social Security embody the principles of equity and adequacy? How would this balance be affected by changing Social Security into a privatized system?

How Does Social Security Embody the Principles of Equity and Adequacy