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This act, part of the “Second New Deal,” included a federally controlled pension fund for the elderly. Which act does this describe?

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This act, part of the “Second New Deal,” included a federally controlled pension fund for the elderly. Which act does this describe? A. The Social Security Act
B. The Elderly Pension Fund
C. The 401k Act
D. The Wagner Act




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    1. Quizzma Team

      The correct answer is A. The Social Security Act.

      The Social Security Act, enacted in 1935 as part of the Second New Deal, established a federal pension program for the elderly, providing financial assistance to retired individuals. This act aimed to address economic insecurity and support the aging population during the Great Depression.

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