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Social Security
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History, Business, Social Studies
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10th Grade - University
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Hard
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The video discusses the challenges of life, focusing on the role of Social Security in the US. It traces the history back to the Great Depression, highlighting the economic hardships and the government's response under Presidents Hoover and Roosevelt. The Social Security Act of 1935 was introduced to provide financial aid through payroll taxes, offering benefits for retirement, unemployment, and more. Over time, the program has evolved, adjusting for inflation and expanding benefits. The video concludes by pondering the future of Social Security.
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