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Answer :
The most appropriate option to complete the diagram related to the Great Depression and the New Deal, specifically involving the Social Security Administration is option B. Elderly Americans living in poverty
How is it so?
The Social Security Administration (SSA) was established as part of President Franklin D. Roosevelt's New Deal initiatives during the Great Depression. The Social Security Act of 1935 was a landmark piece of legislation that created the framework for the Social Security program in the United States.
Below is how it addressed the issue of elderly Americans living in poverty:
1. Old-Age Insurance: Social Security introduced the concept of old-age insurance, providing financial support to retirees.
- Workers and their employers contributed to the Social Security fund through payroll taxes during their working years.
2. Monthly Benefits: The Social Security program offered monthly benefits to qualified retirees, starting at age 65.
- The amount of the benefit was tied to the individual's earnings history, providing a degree of income replacement.
3. Preventing Poverty: One of the primary goals of Social Security was to prevent elderly individuals from falling into poverty after retirement.
- Before Social Security, many elderly Americans had little to no income or financial support, making them vulnerable to poverty.
4. Expanding Coverage: Over time, the Social Security program expanded to cover not only retirees but also survivors, disabled individuals, and dependents, further addressing economic challenges in various life situations.
5. Long-Term Impact: Social Security has had a lasting impact on reducing poverty among the elderly population, providing a safety net for retirees and their families.
So, option B, "Elderly Americans living in poverty," is relevant to the Social Security Administration's role in addressing the economic challenges faced by older individuals during the Great Depression and beyond.
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