Which of the following statement(s) is/are true regarding the social security system in the USA?
A
Permanent system of universal retirement pensions
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B
Unemployment insurance
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C
Welfare benefits for all children
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D
Employment insurance
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Solution
The correct options are A Permanent system of universal retirement pensions B Unemployment insurance Franklin D. Roosevelt introduced the social security system in the USA. The social security system formed the basis of the US welfare system. It had the following features: 1) Permanent system of universal retirement pensions; 2) Unemployment insurance; 3) Welfare benefits for the specially abled and children in families without fathers.