The Social Security Act of 1935 provided social insurance benefits to various groups in need, including the elderly, unemployed workers, disabled individuals, and impoverished children.
The Social Security Act of 1935 provided a system of social insurance funded by payroll taxes to offer benefits to the elderly, unemployed workers, individuals with disabilities, and impoverished children. It aimed to reduce poverty among older Americans by creating old-age pensions, unemployment insurance, compensation for injured workers, and financial aid for families in need.
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