Final answer:
The Federal Privacy Act of 1974 establishes information-handling practices for U.S. federal agencies to govern the collection, use, and dissemination of information about individuals. It protects personal information held by the federal government and ensures individual privacy rights.
Step-by-step explanation:
The Federal Privacy Act of 1974 establishes a standard of information-handling practices that governs the collection, maintenance, use, and dissemination of information about individuals that is maintained in systems of records by U.S. federal agencies. This act protects personal information held by the federal government from unauthorized disclosure and ensures individual privacy rights. It applies to various federal agencies and helps to safeguard personal data.