One of the most important New Deal programs was the Social Security Act of 1935. What was the purpose of this program? (1 point)Responsesto provide a retirement fund for the elderlyto provide a retirement fund for the elderlyto give unemployment insurance to those who lost jobsto give unemployment insurance to those who lost jobsto strengthen the value of the dollar with a gold standardto strengthen the value of the dollar with a gold standardto reduce stock market abuses like those that led to the 1929 crashto 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.