Final answer:
The Social Security Act was intended to provide economic security for people who could no longer work, such as older Americans. It aimed to address the financial hardships faced by the elderly, unemployed workers, individuals with disabilities, and impoverished children during the Great Depression.
Step-by-step explanation:
President Franklin D. Roosevelt said that the Social Security Act would solve the problem of economic insecurity for people who could no longer work. During the Great Depression, many older Americans lost their savings and were unable to support themselves. The act aimed to provide financial security to older Americans, as well as unemployed workers, those with disabilities, and impoverished children. It created a government insurance program and established programs to help the most vulnerable populations.