According to Novak (2018), federal funding for older adults has more than doubled since the 1960s. Increases in the number of older people and the number and types of services or programs for older people account for these costs. These programs and services form a social safety net that ensures a minimum standard of health care and income for older people.

• List a minimum of 4 examples of income types
• Expenditures related to aging adults paid under these sources of income
• Economic effect on family members caring for older adults with at least 3 examples.
• Economic effect of an aging population on society with at least 3 examples
• Government reform actions to create more cost-effective programs for aging adults