Social Security Act
What was this program intended to do?
Under the act, the Government began collecting the Social Security tax from workers in 1937 and began making payments in 1940.
How successful do you believe this program was at relieving the Economic Crisis?
The Social Security program has embodied social insurance principles that were widely discussed even before the onset of the Great Depression.
How does this program add to your understanding of the the Great Depression?
And in the Great Depression time there was a lot of people that need help economically.
Does this program still exist today?
THE SOCIAL SECURITY PROGRAM TODAY
During working years employees, their employers, and self-employed people pay social security taxes which go into special funds; and When earnings have stopped because the worker has retired, or died, or is severely disabled, benefit payments are made from the funds to replace part of the earnings the family has lost.
Bullet Points of the video
- Social Security Signed.
- Industrial Changes.
- 13 millions of people were benefited with the Social Security Act.