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The Social Security Act

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The Social Security Act
Social Insurance
Social Security Act The Social security act of 1935 was inducted after the stock market crash of 1929 and the great depression. The views of the populace changed enormously in politics, society, and the overall economic situations, at this time in our nation’s history. The social security act was separated into two main sections. One of these is social insurance, and the other is public assistance. As explained in the Social Welfare Policy book, the intention of the act was to “…respond to the immediate crisis of unemployment…lay a firmer economic foundation so that no future economic upheaval would have the same impact on the populace”. (Segal, 241).
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Originally the social insurance was called the old age insurance
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