Asked by owenbin nguyen on Jul 08, 2024
Verified
What was the goal of Dr. Frances Townsend?
A) a nationwide old age pension plan
B) nationwide health insurance
C) a government-funded unemployment insurance
D) the expansion of free higher education
Old Age Pension
A regular payment made by a government or a financial institution to individuals who have reached retirement age.
Nationwide
Extending across or pertaining to an entire nation or country.
- Study the changes in financial regulatory mechanisms and social security programs during the era of the New Deal.
Verified Answer
HB
himanshu bansalJul 14, 2024
Final Answer :
A
Explanation :
Dr. Frances Townsend aimed to establish a nationwide old age pension plan, which was part of his broader proposal to help alleviate poverty among the elderly during the Great Depression. This plan was known for advocating for financial support for the elderly, which was a significant issue during that time.
Learning Objectives
- Study the changes in financial regulatory mechanisms and social security programs during the era of the New Deal.