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Essay

Economics: The American Government

Essay specific features

 

Issue:

Business

 

Written by:

Lorretta C

 

Date added:

November 2, 2014

 

Level:

University

 

Grade:

A

 

No of pages / words:

8 / 2165

 

Was viewed:

8199 times

 

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Essay content:

At that time, most Americans believed the government should not have to care for the aged, disabled or needy. But such attitudes changed during the Great Depression in the 1930's. In 1935, Congress passed the Social Security Act. This law became the basis of the U.S. social insurance system. It provided cash benefits to only retired workers in commerce or industry...
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social insurance system. It provided cash benefits to only retired workers in commerce or industry. In 1939, Congress amended the act to benefit and dependent children of retired workers and widows and children of deceased workers . In 1950, the act began to cover many farm and domestic workers, non professional self employed workers, and many state and municipal employees...
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General issues of this essay:
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