This excerpt is taken from the Social Security Act of 1935.
What problem did this New Deal act seek to address?
OA. medical problems for the elderly
OB. economic problems for the elderly
O C. discrimination against the elderly
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. ...
D. wage bias against the elderly
OB. economic problems for the elderly
The Social Security Act of 1935 was aimed at addressing economic problems for the elderly by creating a system of old-age benefits.