Answer:
b) an old-age revolving pension plan
Explanation:
Francis E. Townsend, an American physician, is credited for revolving Old age pension plan during Great Depression of 1930s.
Francis gave a proposal that played an important role in the establishment of President Roosevelt's Social Security system. It came to be known as "Townsend Plan".
According to The Townsend Plan every person who is above 60 years should be given $200/month. He proposed a 2% national sales tax to assist in The Old-Age Revolving Pension fund. It majorly focused on improving the standard of living of retired and old citizens who could not cope up with the economic degradation in America during the Great Depression. A generous insurance plan for the needy received appreciation from Roosevelt and eventually paved way for the pension plan to come into force.
Answer:
A) Is it relevant to the subject or event?
C) Does it contain information that is outdated?
E) Does it explain a version of how the event occurred?
The U.S government entice railroad companies to take on the transcontinental railroad projects by offering them land subsidies. <span>The railroad companies were paid by land for every mile of track that they constructed. The government also loaned the companies more than 60 million</span>