During the 1930s, the New Deal represented a series of programs and policies implemented by President Franklin Delano Roosevelt aimed at recovering the United States from the Great Depression. These initiatives focused on economic relief, recovery, and reform, with key legislation that transformed the role of the federal government in economic matters. One of the major components of these reforms was the introduction of the Social Security Act in 1935, which established a system of old-age benefits for workers, unemployment insurance, and assistance for dependent mothers and children.
Considering the broader implications of New Deal policies, which of the following statements best captures the significance of the Social Security Act in the context of American society between 1933 and 1945?