Social Security Act 1935
By: Lauren Bennett and Ravyn Davenport
Does this program fall under the Relief, Recovery, or Reform Program of Roosevelt's New Deal? Explain
This program falls under relief because its giving a check to the people who need it or for the people who no longer have to work.
How successful do you believe this program was at relieving the economic crisis?
This was successful because once people reached 65 the wanted to retire, and then it helped the people who were unemployed and didn't have an income.
How does this program add to your understanding of the Great Depression?
This add to the Great Depression because they were giving out checks to people, this helped people buy stuff like stocks ect. and could cause them to lose there money.
Does this program still exist today?
Yes this program still exist today, there has not been any changes to the Social Security Act, but success in the future is questionable since the funds are depleting.
Why Are Americans So Bad at Saving Money?
1.) Its the most effective system in our history of America.
2.) Its helped about 22 million people stay out of debt.
3.) Most people think that Social Security will end up crashing in the future.