This cycle consisted of people receiving money and then putting it back into the economy to live, giving businesses a reason to increase productivity, to increase productivity, businesses needed to hire more workers, decreasing the unemployment rate, and thus this cycle continues. This cycle did not just put money back into the economy, it helped produce jobs. This system was created for a long-term purpose. “In the 1937-1939 period more than 441,000 people received social security benefits totaling over $25 Million Dollars.” (DeWitt p.7) This cycle helped over 65% of people by 1940, 36% of them consisted of peoples over
This cycle consisted of people receiving money and then putting it back into the economy to live, giving businesses a reason to increase productivity, to increase productivity, businesses needed to hire more workers, decreasing the unemployment rate, and thus this cycle continues. This cycle did not just put money back into the economy, it helped produce jobs. This system was created for a long-term purpose. “In the 1937-1939 period more than 441,000 people received social security benefits totaling over $25 Million Dollars.” (DeWitt p.7) This cycle helped over 65% of people by 1940, 36% of them consisted of peoples over