The Social Security Act was another "new deal" program. It was to provide greater benefits. The Social Security Act, created a system of old age pensions and unemployment insurance, it provided economic security and welfare. At the time Benefits were probably the only money some people saw for years. The Great Depression created widespread suffering, Franklin D. Roosevelt passed the Social Security Act, in 1935.
             The Social Security Act gave Federal funds to help the development of programs such as vocational rehabilitation, public health services, and child welfare services, with assistance to elderly and handicapped. It did not cover survivors of pensioners or workers who couldn't make contributions. During The Depression which took place from 1930 to 1939, was a time of hard times and despair.
             People lost their jobs because of deflation, there was unequal distribution of wealth throughout the U.S., war debts, over production in industries, and the stock market crash which created financial panic world wide. The prices of stock fell 40%. About 9,000 banks went out of businesses went out of business, which meant 9 million savings accounts were empty and no one had any money which meant families starved and people died.
             People with jobs who made average wages decreased an average of 60%. People were unemployed about 15 million people were jobless. During the depression there was widespread hunger, unemployment poverty, and economical crisis. The Social Security Act Of 1935 was created to help people that were unemployed, Farmers who had crops to sell couldn't, because of the deflation and no one had money. The Social Security Act was like an insurance policy. It assisted the elderly for workers who reached the age of sixty-five.
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