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Chapter 13 Section 3

Coty 10083bea

on 26 April 2010

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Transcript of Economics

Chapter 13 Section 3 Poverty Topics to Be Covered

The Poor
The Poverty Threshold
The Poverty Race Causes of Poverty
Lack of Education
Racial and Gender Discrimination
Economic Shifts
Shifts in Family Structure Income Distribution
Income Inequality
Income Gap Antipoverty Policies
Enterprise Zones
Employment Assistance
Welfare Reform Vocabulary Poverty Threshold Poverty Rate Income Distribution Food Stamps Lorenz Curve Enterprise Zone Block Grant Workfare The income level
blow which income
is insufficient
to support a
family or household. The percentage
of people who
live in households
with income below
the official poverty line. How the nation's total income is distributed among its population. Government-issued coupons that recipients exchange for food. The curve that illustrates income distibution Area where companies can locate free of certain local, state, and federal taxes and restrictions. Federal funds given to the states in lump sums A program requiring work in exchange for temporary assistance The Poor The Poverty Threshold The Census Bureau defines a family as a group of two or more people related by birth, mariage, or adoption who live in the same housing unit. According to the government a poor family is one whose total income is less then the amount required to satisfy the family's minimum needs.
The poverty threshold or poverty line varies with the size of the family. The poverty Rate The poverty rate is the percentage of people who live in households with income below the official poverty threshold.
We can use poverty rates to discover whom the government considers to be poor and what factors seem to contribute to poverty. Poverty Indicators
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