Final answer:
Social Security was established in 1935 during the Great Depression to provide financial assistance to vulnerable groups like the elderly and disabled.
Explanation:
Social Security was established in 1935 during the Great Depression as part of President Franklin D. Roosevelt's New Deal to provide financial assistance to the elderly, the unemployed, and the disabled. The program was funded by taxes paid by employers and workers and aimed to ensure a minimum level of security for individuals.
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