One of the most important New Deal programs was the Social Security Act of 1935. What was the purpose of this program ? ( 1 point ) to provide a retirement fund for the elderly to give unemployment insurance to those who lost jobs to strengthen the value of the dollar with a gold standard 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 and also to give unemployment insurance to those who lost their jobs.