One of the most important New Deal programs was the Social Security Act of 1935. What was the purpose of this program and how did it impact the state of Georgia? A. Unemployment insurance and benefits were provided worldwide to those who lost jobs, especially in the United States.

B. It provided a retirement fund for the elderly. Specifically, the governments paid retired people and provided unemployment payments to many people.

C. To strengthen the value of the dollar with a gold standard was the major impact of the Social Security Act. The value of the dollar decreased sharply during the depression.

D. Reducing stock market abuses like those that led to the 1929 crash. Investors were required to pay money into the social security administration that was just formed during the New Deal.