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Chapter 2: Poverty and wealth
Terms in this set (17)
_____ _____ society's system of ranking categories of people in a hierarchy.
Stratification produces ____ ____ categories of people who have similar access to resources and opportunities.
_____ is salary or wages from a job plus earnings from investments and other sources
______ is the value of all the economic assets owned by a person or family, minus any debts.
_______ is used by the government to reduce economic inequality.
____ ____ tax rates go up as income increases.
Those families who fall within the 10% of income distribution have an income of at least _____ or on average _____
older, married, white, and men
Which categories of people are more likely to be wealthy?
_____ ____ income level set by the government for the purpose of counting the poor.
The ____ _____is the difference between the official poverty line and the actual income of the typical poor household.
African Americans, children, women, single mothers, the south and the west
Who are at greater risk of being poor ?
_____ poor 15% of the heads of poor families work full time and remain below the poverty line. Full time work at the minimum wage yields income well below poverty line for a family of four.
_______poor 55% of the heads of poor families do not work at all; 30% work part time. Because of poor health, lack of skills, lack of jobs and lack of child care.
The ______ poor people who live in area with high concentrations of poverty and limited opportunities for schooling or work.
Infectious diseases; violence
Death comes earlier to the poor; they are more likely to die of ____ _____ and ____
Average monthly income for homeless families is ______
Social welfare program
____ ____ ____ An organized effort by government, private organizations, or individuals to assist needy people defined as worthy of assistance.
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