How was Social Security supposed to work, according to the original legislation?

Social Security

A government program designed to provide financial assistance to the elderly, disabled, and survivors through retirement benefits, disability insurance, and survivors' benefits.

Original Legislation

Laws or legal acts that are introduced for the first time by a legislative body.

Acquire knowledge of the primary elements and impacts associated with the New Deal policies and schemes.
Examine the consequences of particular policies, including the Smoot-Hawley Tariff and legislation pertaining to social security.

Verified Answer

Zybrea KnightJun 08, 2024

Final Answer :

The program was supposed to run on contributions from workers and employers and represented an insurance more than a welfare program.

Learning Objectives

Acquire knowledge of the primary elements and impacts associated with the New Deal policies and schemes.
Examine the consequences of particular policies, including the Smoot-Hawley Tariff and legislation pertaining to social security.

How was Social Security supposed to work, according to the original legislation?

Definitions

Learning Objectives

Learning Objectives

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