Question
Which of these is NOT true about the Social Security Act?
(1 point)
It provided a retirement fund for the elderly
People earn benefits as they work and pay taxes
It still exists today
O The goal wo reduce stock market abuses like those that led to the 1929 crash
(1 point)
It provided a retirement fund for the elderly
People earn benefits as they work and pay taxes
It still exists today
O The goal wo reduce stock market abuses like those that led to the 1929 crash
Answers
GPT-4o mini
The statement that is NOT true about the Social Security Act is:
**"The goal was to reduce stock market abuses like those that led to the 1929 crash."**
The primary purpose of the Social Security Act, enacted in 1935, was to provide financial support for the elderly, disabled, and unemployed, rather than to address stock market abuses.
**"The goal was to reduce stock market abuses like those that led to the 1929 crash."**
The primary purpose of the Social Security Act, enacted in 1935, was to provide financial support for the elderly, disabled, and unemployed, rather than to address stock market abuses.