This excerpt is taken from the Social Security Act of 1935. Section 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. . . . What problem did this New Deal act seek to address? (1 point) Responses economic problems for the elderly economic problems for the elderly wage bias against the elderly wage bias against the elderly discrimination against the elderly discrimination against the elderly medical problems for the elderly
