Read the excerpt from a statement issued by President Franklin D. Roosevelt just before signing the Social Security Act into law
and answer the question. "This law, too, represents a cornerstone in a structure which is being built but is by no means complete. It is a structure intended to lessen the force of possible future depressions. It will act as a protection to future administrations against the necessity of going deeply into debt to furnish relief to the needy. The law will flatten out the peaks and valleys of deflation and of inflation. It is, in short, a law that will take care of human needs and at the same time provide for the United States an economic structure of vastly greater soundness."
What issue was the law intended to address? How?
Group of answer choices
Roosevelt believed that by exploiting the nation's natural resources, the United States could reestablish itself as a major player in the global economy and enjoy strong economic growth for generations.
Roosevelt believed that by empowering the government to create programs to support vulnerable portions of the population, the people and the economy would be better equipped to withstand economic downturns.
Roosevelt believed that by eliminating barriers to international trade, the US economy, as well as the global economy, would never again experience a sustained period of economic stagnation and job loss.
Roosevelt believed that by creating jobs through public works projects, the government could provide employment for the majority of the American population and prevent another economic depression.
According to the excerpt from a statement issued by President Franklin D. Roosevelt just before signing the Social Security Act into law given in the question, the law meant the following;
Roosevelt believed that by empowering the government to create programs to support vulnerable portions of the population, the people and the economy would be better equipped to withstand economic downturns.
