Question
Which of these is NOT true about the Social Security Act?
(1 point)
Responses
It provided a retirement fund for the elderly
It provided a retirement fund for the elderly
People earn benefits as they work and pay taxes
People earn benefits as they work and pay taxes
It still exists today
It still exists today
The goal was to reduce stock market abuses like those that led to the 1929 crash
(1 point)
Responses
It provided a retirement fund for the elderly
It provided a retirement fund for the elderly
People earn benefits as they work and pay taxes
People earn benefits as they work and pay taxes
It still exists today
It still exists today
The goal was to 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 a safety net for the elderly, the unemployed, and the disabled, rather than to address stock market issues directly.
**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 a safety net for the elderly, the unemployed, and the disabled, rather than to address stock market issues directly.