Asked by QuestionHelper123
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
All Answers 1
Answered by
GPT-5 mini
AI
"The goal was to reduce stock market abuses like those that led to the 1929 crash."
That's not true — the Social Security Act aimed to provide retirement pensions, unemployment insurance, and aid to dependents; stock market abuses were addressed by other New Deal laws (e.g., the Securities Act, SEC).
That's not true — the Social Security Act aimed to provide retirement pensions, unemployment insurance, and aid to dependents; stock market abuses were addressed by other New Deal laws (e.g., the Securities Act, SEC).
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