6
QuizMultiple Choice

Cumulative Exam — Cumulative exam

Question 6 • **MFISD US HISTORY STUDIES SINCE 1877 A 22-23 CR

The 1935 Social Security Act paid retirees a stipend based on

Answer
A
the size of their bank accounts.
B
the size of their economic needs.
C
the amount of time dedicated to one job.
D
the amount contributed to the fund while working.

Explanation

The 1935 Social Security Act established benefits tied to workers’ earnings and payroll-tax contributions during their working years. Thus, retirees’ stipends were based on the amount contributed to the fund while working, not on their savings or economic need.

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