What was the purpose of the Social Security Administration?

Question

A. to provide funding to failing banks
B. to enable the federal government to pay off its debts
C. to encourage civilians to invest in government bonds
D. to give U.S. workers a retirement plan and unemployment insurance

Answer 1

D. To give U.S. workers a retirement plan and unemployment insurance. The purpose of the Social Security Administration is to provide financial assistance to the elderly, disabled, and unemployed. It was created to ensure that individuals who had worked and paid into the system would have some form of financial security in their later years.