Date of Defense



Finance and Commercial Law

First Advisor

Dr. Inayat Mangla

Second Advisor

Dr. Kenneth Kennedy


In prior centuries in the United States, the retirement security of individuals was entirely the responsibility of the individual and the family. Those who lived to retire often resided in extended families with children and grandchildren who supported them financially. However, in the late 1800s and early 1900s, the United States experienced an explosion in industrial production, a reduction in the number of extended families, and an increase in human life expectancies. With all of these sociological changes taking place, individuals found it more difficult than ever to provide for themselves in retirement.

Access Setting

Honors Thesis-Campus Only