One of the most important New Deal programs was the Social Security Act of 1935. What was the purpose of this program?

(1 point)
O to provide a retirement fund for the elderly
O to give unemployment insurance to those who lost jobs
O to strengthen the value of the dollar with a gold standard
O to reduce stock market abuses like those that led to the 1929 crash

The purpose of the Social Security Act of 1935 was to provide a retirement fund for the elderly.