Key points for response paper.docx - Key points: 1. Poverty...

This preview shows page 1 - 2 out of 4 pages.

Key points:1.Poverty – cannot be captured solely in numbers. 1990 – almost half of the population inpoverty. 2010 – about one third of population in poverty – two thirds are considered non-poor. Estimated 70 million in extreme poverty or indigence: not having enough money to meet nutritional requirements. Poverty rate varies from country to country, example Honduras and Nicaragua-60 percent of population is classed as poor. Chile, Uruguay, and Argentina-around 10 percent are considered poor. To come up with percentages governments and international development agencies establish poverty lines by determining the specific needs of a common family. This is measured predominantly by foods such as rice, beans, cooking oil, etc. and depending on the country this may include rent, bus fare, or other items. These needs are summed, and a figure determined for a four to five-person household. Poverty lines vary from country to country neighboring nations will have different criteria to be considered in poverty. Poverty lines are used to measure progress or deterioration within a country and not to make comparisons between nations.In the 1980s and 1990s the rate of inflation surpassed the rate of income increases, however once incomes began to rise, poverty began to decline. The World Bank defined extreme poverty in the year 2000 as living on a dollar a day per person and defined moderate poverty as living on two dollars a day. Example from chapter: Two families with the same income one family lives in the countryside and one lives in the city, countryside family has a plot of land where they

Upload your study docs or become a

Course Hero member to access this document

Upload your study docs or become a

Course Hero member to access this document

End of preview. Want to read all 4 pages?

Upload your study docs or become a

Course Hero member to access this document

Term
Fall
Professor
NoProfessor
Tags
Poverty, Poverty in the United States

  • Left Quote Icon

    Student Picture

  • Left Quote Icon

    Student Picture

  • Left Quote Icon

    Student Picture