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Which New Deal agency created a system of insurance for the elderly?

Select one:
a. Public Works Administration
b. Social Security Administration
c. National Labor Relations Board
d. Federal Deposit Insurance Corporation

User Harden
by
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2 Answers

4 votes
Your answer would be B.Social Security Administration...after their retirement they get a pension and a unemployment insurance system....
User Showcaselfloyd
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4 votes

Answer:

The Correct Answer is B.

"Social Security Administration"

Step-by-step explanation:

  • Social Security Administration was established in the year 1935 as an independent agency.
  • Its primary responsibilities were for old-age insurance, unemployment compensation, and public assistance.
  • Social security is financed through payroll taxes.
  • It provides for medical care and medicine and in some cases also pay a stipend for the elderly people.
User Ming Hsieh
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