Question #51fba
1 Answer
Mar 1, 2018
It provided pensions for the elderly.
Explanation:
The Social Security Act created a system by which the people would pay into and create a fund that could be invested, and then drawn from in the future to ensure that they would have some income when they could not work. In essence, it created a basic level of income based on a pensioning system in retirement for those who become too old to hold down a job.
