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Econ%20104%20Syllabus--Pollin--Fall%20-page60 - lack the...

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Poverty and Inequality What is Poverty? “The state of one who lacks a usual or socially acceptable amount of money or material possessions. Poverty is said to exist when people
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Unformatted text preview: lack the means to [email protected] their basic needs.” • But what are people’s “basic needs?” 10...
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