Question

This excerpt is taken from the Social Security Act of 1935.%0D%0A%0D%0ASection 201. (a) There is hereby created an account in the Treasury of the United States to be known as the Old-Age Reserve Account hereinafter in this title called the Account. There is hereby authorized to be appropriated to the Account for each fiscal year, beginning with the fiscal year ending June 30, 1937, an amount sufficient as an annual premium to provide for the payments required under this title. . . .%0D%0A%0D%0AWhat problem did this New Deal act seek to address?%0D%0A%0D%0A(1 point)%0D%0AResponses%0D%0A%0D%0Awage bias against the elderly%0D%0Awage bias against the elderly%0D%0A%0D%0Adiscrimination against the elderly%0D%0Adiscrimination against the elderly%0D%0A%0D%0Amedical problems for the elderly%0D%0Amedical problems for the elderly%0D%0A%0D%0Aeconomic problems for the elderly

Answer 1

[AI-generated answer — Bot GPT 3.5]

The problem that the Social Security Act of 1935 sought to address was economic problems for the elderly.