THE ROARING 20S 1920 1929
AMERICAN POLITICS IN THE 1920S
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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creating jobs for the unemployed
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guaranteeing a minimum wage
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legalizing the right to join labor unions
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providing financial assistance after retirement
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Detailed explanation-1: -The Social Security Act of 1935 was signed into law on August 14, 1935, and provided monthly paychecks to older American workers age 65 and older. The original Social Security Act of 1935 also provided funding for: Economic assistance for widows with children. Economic assistance for disabled individuals.
Detailed explanation-2: -Under the 1935 law, what we now think of as Social Security only paid retirement benefits to the primary worker. A 1939 change in the law added survivors benefits and benefits for the retiree’s spouse and children. In 1956 disability benefits were added.
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: -On August 14, 1935, the Social Security Act established a system of old-age benefits for workers, benefits for victims of industrial accidents, unemployment insurance, and aid for dependent mothers and children, persons who are blind, and persons with disabilities.