Deciding that Roosevelt had not done enough to alleviate suffering, Francis Townsend called for a bringing electricity to rural areas. b an old-age revolving pension plan. c taking money from the rich and giving it to the poor. d public works programs.

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Raina Santana

History

3 December, 05:31

Deciding that Roosevelt had not done enough to alleviate suffering, Francis Townsend called for a bringing electricity to rural areas. b an old-age revolving pension plan. c taking money from the rich and giving it to the poor. d public works programs.

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Alessandra Sanders · Answer 1

b) an old-age revolving pension plan

Explanation:

Francis E. Townsend, an American physician, is credited for revolving Old age pension plan during Great Depression of 1930s.

Francis gave a proposal that played an important role in the establishment of President Roosevelt's Social Security system. It came to be known as "Townsend Plan".

According to The Townsend Plan every person who is above 60 years should be given $200/month. He proposed a 2% national sales tax to assist in The Old-Age Revolving Pension fund. It majorly focused on improving the standard of living of retired and old citizens who could not cope up with the economic degradation in America during the Great Depression. A generous insurance plan for the needy received appreciation from Roosevelt and eventually paved way for the pension plan to come into force.