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Why is it called Social Security?

Sagot :

In the United States, a sizable element of the social welfare sector is referred to as "social security." When the Social Security Act was passed in 1935, during the Great Depression, this phrase first entered common usage in the United States.

Two different sorts of old-age security measures were established by the Social Security Act: (1) Federal assistance to the States to enable them to give cash pensions to their elderly in need, and (2) a system of Federal old-age benefits for retired workers.

Abraham Epstein was born on April 20, 1922, and this year is the 100th anniversary of his birth. Abraham Epstein is widely credited with coining the term "social security" and spreading it throughout the world. In the early half of this century, Abe Epstein led the nation in the social welfare movement.

To know more about social security: https://brainly.com/question/27784476

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