Poverty and Income Distribution

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Presentation transcript:

Poverty and Income Distribution Unit 13.2

What is Poverty? Poverty Poverty Threshold Poverty Rate Minimum standards of food, shelter, clothing, health care Persistent Unemployment Low wages Poverty Threshold Single $11,490 Family of four (2 children) $23,550 Poverty Rate

The Problem of Poverty Factor Affecting Poverty Education Discrimination Demographic Trends Changes in the Labor Force Family Problems Health Greed

Income Distribution Income Inequality Antipoverty Programs Lorenz Curve In 2014, the top .1% owned more than 23% of all wealth in the US, more than the bottom 90% of Americans US ranked 41st on the Gini inequality index The causes are legislation, returns on capital investments, globalization, stagnant wages Antipoverty Programs Means Tested Non-Means Tested

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