INTER WAR YEARS 1919 TO 1939
THE GREAT DEPRESSION
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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To provide food for the needy
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To provide housing to people who were in Hoovervilles
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To provide benefits to the elderly
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To supervise bank loans
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Detailed explanation-1: -Its fundamental purpose is to give individuals and families the confidence that their level of living and quality of life will not, insofar as is possible, be greatly eroded by any social or economic eventuality.
Detailed explanation-2: -To provide for the material needs of individuals and families; 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.