What was the purpose of the Social Security Act of 1935?

The Social Security Act of 1935 was primarily designed to provide financial assistance to vulnerable populations, including the elderly, unemployed, and disabled individuals. The significance of this act lies in its establishment of a safety net for Americans who faced economic hardships, particularly during the Great Depression. By offering benefits such as old-age insurance, unemployment compensation, and aid for dependent children and the disabled, the act aimed to reduce poverty and improve the overall welfare of those in need. It marked a pivotal moment in American social policy, laying the groundwork for the modern welfare state and shaping the government's role in providing economic security for its citizens.