Final answer:
The correct answer is option 1. The Second New Deal, implemented by President Roosevelt, introduced the Social Security Act, which established a pension plan for retirees and the disabled, and the SEC, which regulated the stock market.
Step-by-step explanation:
President Franklin D. Roosevelt's Second New Deal created several programs and reforms to provide relief during the Great Depression. One of the cornerstones of the Second New Deal was the Social Security Act, which established a pension plan for retired citizens and those who were disabled. This act included a pension fund for retirees over the age of sixty-five, funded by both employee and employer payroll taxes.
It also introduced unemployment insurance, programs for unmarried mothers, and support for individuals who were blind, deaf, or disabled. The Second New Deal further included regulatory measures for the stock market, with the establishment of the Security and Exchange Commission (SEC) in 1934 to maintain fair trading practices and efficiency in the stock market.