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QUESTION IMAGE

which of the following was true before the social security act of 1935?…

Question

which of the following was true before the social security act of 1935?
○ most retired americans were provided for by the government.
○ very few retired americans needed financial help.
○ very few retired americans had a guaranteed income.
○ most retired americans lived on pensions from their former employers.

Explanation:

Brief Explanations

Before the 1935 Social Security Act, the U.S. had no federal government-backed retirement income system. Most employers did not offer pensions, so the vast majority of retired Americans lacked a guaranteed steady income. Government support for retirees was minimal, and many faced financial hardship, meaning the other options are incorrect.

Answer:

Very few retired Americans had a guaranteed income.