Bismarck invents social security

Otto von Bismarck (1815-1898), German Chancellor who essentially created the country of Germany, was concerned about the well-being of the German people. To protect them, Bismarck created a series of social plans to financially support anybody who needed help. When this was adopted by American President Franklin Delano Roosevelt in 1935 and became known as Social Security.



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Information sources:

https://www.ssa.gov/history/ottob.html

Photo Credits / Sources:

By Unknown author [Public domain], via Wikimedia Commons

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