to the economy. One of the major issues facing the country today is social security.

The United States was one of the last major

industrialized nations to establish a social security

system. In 1911, Wisconsin passed the first state workers

compensation law to be held constitutional. At that time,

most Americans believed the government should not have

care for the aged, disabled or needy. But such attitudes

changed during the Great Depression in the 1930's.

In 1935, Congress passed the Social Security Act. This

law became the basis of the U.S. social insurance system.

It provided cash benefits to only retired workers in

commerce or industry. In 1939, Congress amended the act

benefit and dependent children of retired workers and

widows and children of deceased workers. In 1950, the

act began to cover many farm and domestic workers, non

professional self employed workers, and many state and

municipal employees. Coverage became nearly universal

in 1956, when lawyers and other professional workers came under the system.

Social security is a government program that helps workers and retired

workers and their families achieve a degree of

not only the elderly, but many of the survivers, the widows and children, of those who paid into the

ultimately result of the Social Security system to a

Participation in the social security system is required for about 95percent of all U.S. workers.

All industrialized countries as well as many developing nations have a social security system. The social security program in the United states has three main parts. They are (1) old-aged, survivors, disability, and

retired, or elderly and out of work, and who were unable, primarily because of the depressed economic conditions, to retire comfortably. In this way, the government was able to accomplish two objectives: first, it helped the economy pull out of the depression, by providing a means

system, then, is this: the system itself is in no

put into another fund, so that welfare programs, defense,

This tax was to be taken from the payrolls of the nation's employers and employees. The government felt that, like unemployment benefits, the social security should be financed by those who got the greatest benefit, those who worked, and were liable to need those benefits in the

to finance the national defense, the housing programs, the State Department, or any of the other activities that the federal governmentgets involved in. By paying out benefits equally to all participate in Social Security-

Some common words found in the essay are:
Social Security, Security Act, PAYROLL TAX, SECURITY Private, Social Security-, United Government, social security, , Security System, SECURITY FINANCING, SECURITY PERSPECTIVES, social security system, security system, private insurance, social security benefits, security benefits, paying benefits, payroll tax, insurance program, security tax, social security tax, pay benefits, united government, social security private, united government raise,
Approximate Word count = 1855
Approximate Pages = 7 (250 words per page double spaced)