USA HISTORY

THE GREAT DEPRESSION 1929 1940

THE GREAT DEPRESSION

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
What was /is the purpose of the Social Security Act?
A
Created jobs in and around schools to allow students to work part time
B
protected the rights of workers to form unions and collectively bargain
C
set maximum work hours per week and a minimum wage
D
use payroll taxes to fund the retirement of elderly works and the disabled
Explanation: 

Detailed explanation-1: -The Social Security Act established benefits for old-age retirees and the jobless, as well as aid for dependent mothers and children, victims of work-related accidents, people who are blind, and those who have physical disabilities. It was signed into law in 1935 during the administration of President Franklin D.

Detailed explanation-2: -To protect aged and disabled persons against the expenses of illnesses that may otherwise use up their savings; To keep families together; and. To give children the chance to grow up healthy and secure.

Detailed explanation-3: -The Social Security Act established two types of provisions for old-age security: (1) Federal aid to the States to enable them to provide cash pensions to their needy aged, and (2) a system of Federal old-age benefits for retired workers.

Detailed explanation-4: -They are provided to improve the living quality; to support independence; and to compensate for the lack of earning ability after retirement.

There is 1 question to complete.