The Social Security System Was Founded

question 133

Multiple Choice

The Social Security system was founded

• A) during the Civil War, to pay pensions for veterans.
• B) during the last years of the nineteenth century, as people who had once depended on having a family farm found themselves without a means of support.
• C) as the United States began to recover from the Great Depression.
• D) in response to concerns that arose during the high inflation of the 1970s.

---

Definitions:

Expansion Project

An expansion project involves undertaking new initiatives or investing in resources to grow a business or increase its capacity.

Crossover Point

The crossover point is the moment when two or more alternatives have the same value or cost, often used in financial analysis to determine when an investment will start to be profitable.

Initial Investment

Initial investment refers to the amount of money invested in a project, asset, or business venture at the start.