2 approaches to poverty
2. distribution of wealth
absolute poverty
does household net fall above or below predetermined line that government calculates
relative poverty
measure of household income relative to average income in a specific area
means testing
- food stamps
wealth
group of assets that a person or family hold that has monetary value
-real state, property, stocks
income
measure of annual pay that comes from a product of labor
what is more unequal? wealth or income
wealth
majority of wealth owned by
about 10% of population
women earn ___ cents on the male dollar
77
deserving poor
-undeserving poor
- able bodies
Elizabethan poor laws
government decided that poor people needed to be addressed by community
new deal developed 2 things
2. public assistance
social insurance
-public assistance is for who?
- deserving poor
temporary assistance for needy families (TANF)
provides states with block grants
-community service or vocational training
medicaid
provides federal matching funds to states to cover the costs of medical care and services for low income people
supplemental security income
- funding from federal revenues
healthy meals for healthy americans
- vouchers to use at authorized food stores
earned -income tax credit
social constructs