Essay: Increase In Social Security Programs

22 Nov

Essay: Increase In Social Security Programs

Sample Essay

The economic insecurity in the most industrialized countries among workers increased and the number of programs of social security were increasingly enacted. For instance, inGreat Britain, David Lloyd George devised the National Insurance Act which got passes in 1911.

Following this passage of the National Insurance Act, the compulsory unemployment insurance program and the old-age insurance and sickness programs were also established. The weakness of the unemployment insurance system exempted many workers who included government employees, casual workers, nurses and any person who earned salary of ₤250 and above per annum. In 1925 a survivors insurance program was adopted and in 1942, Sir William Henry Beveridge presented parliament with a plan for a more expanded program of social security. Sir William Henry’s plan was enacted mainly after the Second World War.

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