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What Role Does Social Security Play In The Evolution Of American Economic Security

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What Role Does Social Security Play In The Evolution Of American Economic Security
The United States has always been the land of ample opportunity. It allows for any person to achieve their dreams no matter where they come from or who they are. While the United States offers all types of jobs and opportunities to its citizens, economic security is always an issue.1 Whether it be unemployment, old age, or illness, economic security is something that is inescapable. To amend this issue the United States created certain programs to aid its helpless citizens. The first major pension program was created after the civil war, this had led to a time where America experienced the most disabled population it had seen ever.2 Thousands of soldiers and their families received pensions.3 This was an important step in the creation of our …show more content…
One of which is the industrial revolution.18 The industrial revolution revolutionized the working industry in America.19 Many people started to work for huge corporations.20 This in turn could now lead to people being unable to control the amount of money they make.21 Before the industrial evolution most people lived off what they could do with their own hands. Now that work had industrialized, citizens sometimes had no control over their income. This caused a fair amount of panic and in turn was a major part in the creation of the social security …show more content…
Though it may not seem like a very big deal, the dissolve of the extended family caused many issues for those who became too old or weak to work.26 Before, younger generations would be able to take over the land and support their grandparents and parents.27 With the urbanization, the children would now go to the city to find work and leave behind their extended family.28 The fourth major role also came with the new industrial age.
The new age of medicine in the United States allowed for the average age of Americans to increase by 10 years around the time of the great depression.29 This is the last major role that started the economic change in America. The industrial age had also brought more advanced public health care systems.30 Health care systems in the cities were quite effective. Overall, these four parts led to the demise of economic security in

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