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26 sty 2018 · Explore how the Great Depression of the 1930s forced America to consider having a social safety net, leading President FDR to sign the Social Security Act into law via his New Deal programs.
During the 1930s much of the world faced harsh economic conditions. Many people were out of work, hungry, or homeless. This period is called the Great Depression. It started in the United States, but it quickly spread throughout the world.
During the Great Depression of the 1930s, unemployment devastated the lives of individuals and undercut the nation's economy. Older Americans as a group were particularly affected by this economic crisis.
Social Security Act, U.S. legislation establishing a permanent national old-age pension system through employer and employee contributions; the system was later extended to include dependents, the disabled, and other groups. Congress enacted the Social Security Act in 1935, during the Great Depression.
8 lut 2022 · However, the widespread suffering experienced during the Great Depression elicited congressional support for numerous proposals for a national old-age insurance system. On January 17, 1935, President Franklin D. Roosevelt sent a message to Congress asking for "social security" legislation.
29 sty 2016 · The law was one of Roosevelt’s major New Deal initiatives during the Great Depression. Best known today for providing retirement benefits to most workers, the Social Security Act of 1935 also provided grants for unemployment insurance, dependent children, and state public health initiatives.