Which of the Following Provisions Were Not Part of the Social

question 15

Multiple Choice

Which of the following provisions were not part of the Social Security Act of 1935?

• A)Retirement benefits
• B)Unemployment insurance
• C)Economic Regulations
• D)Financial assistance based on need

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Definitions:

Simple Interest

Interest calculated only on the initial amount of money (principal), not on the accumulated interest.

Annually Compounded

Interest on an investment that is calculated once per year, adding the interest earned to the principal amount for future interest calculations.

40-year Period

A time frame lasting 40 years, often referred to in the context of investments or financial planning.

Additional Money

Refers to extra funds added to an individual's or organization's budget or financial resources.