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How did francis townsend influence the creation of financial security for retired americans?

source : allnswers.com

How did francis townsend influence the creation of financial security for retired americans?

The answer is A. His formation of “Townsend clubs” helped pressure the government into creating social security.

It was organized in local clubs and it claimed five million members at its peak in the 1930s.  

He proposed that a pension of 0 per month should be given to all U.S. citizens who retired at age 60 and who promised to spend the money within 30 days; he also made a national sales tax to finance the old age pension.

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10 Levels of Financial Independence And Early Retirement | How to… – They continue, "Council members make actionable commitments aligned with the World Economic Forum International Business Council's Pillars for sustainable value creation—People, Planet, Principles of Governance, and Prosperity—and that advance the United Nations Sustainable…1. Walk me through a basic merger model. "A merger model is used to analyze the financial profiles of 2 companies, the purchase price and how the purchase is made, and determines whether the buyer's EPS increases or decreases.American expatriates retiring in certain countries—and some retired immigrants to the U.S.—cannot collect Social Security benefits. Almost all retirees in the United States do receive Social Security benefits when they stop working—assuming they've reached retirement age, of course.

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