Why Did Roosevelt Drop a Provision for National Health Insurance

question 9

Multiple Choice

Why did Roosevelt drop a provision for national health insurance from the Social Security Act in 1935?

• A) The bill's compulsory pension and unemployment were already controversial.
• B) He did not support national health care.
• C) He proposed an additional bill to expand health care to all people.
• D) He did not want to give satisfaction to his opponents,who supported national health insurance.

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Definitions:

Compounded Monthly

Interest on an investment or loan calculated and added to the balance monthly, leading to interest on interest.

Amortized

Describes a loan or mortgage with scheduled periodic payments that cover both interest and principle over a certain time period.

Quarterly Withdrawals

Withdrawals made from an account or investment every three months.

Investment Earning

The profit generated from investing capital in financial assets, such as stocks, bonds, or real estate.