Question

The act that provided for old-age pensions and unemployment insurance was: the agricultural adjustment act, the social security act, the national industrial recovery act, or the federal emergency relief act

Answer 1

The answer is the Social Security Act. This act was passed in 1935, and it was created because of the high unemployment rates for the elderly in America. Many old people could not find jobs because there where younger people who could do it faster and better than them. So people like Francis Townshed saw the problem, and created solutions for them. Now their solutions where not exactly what was put into place, but it was influential for what became known as the Social Security Act.