Asked by Bipul TIWARI on Jun 02, 2024
Verified
The Social Security Act of 1935
A) was first envisioned by President Hoover.
B) was financed by general government revenues.
C) provided pensions to the aged and unemployment benefits.
D) applied to agricultural workers.
E) was fully controlled by the federal government.
Social Security Act
1935 law that created the Social Security system with provisions for a retirement pension, unemployment insurance, disability insurance, and public assistance (welfare).
Pensions
Regular payments made during a person's retirement from an investment fund to which that person or their employer has contributed during their working life.
Unemployment Benefits
Payments made by authorized bodies to unemployed individuals on a regular basis to support them financially while they seek new employment.
- Inspect the primary objective and integral components of the Second New Deal, paying attention to its effects on democracy at work and the preservation of economic security.
Verified Answer
AS
Arpinder singhJun 08, 2024
Final Answer :
C
Explanation :
The Social Security Act of 1935 provided pensions to the aged and unemployment benefits, marking a significant step in the development of the American welfare state.
Learning Objectives
- Inspect the primary objective and integral components of the Second New Deal, paying attention to its effects on democracy at work and the preservation of economic security.