Economics chapter 12 section 3

Chapter 12 Section 3

Poverty and the Distribution of

Income

Poverty

Poverty Threshold

Social Security

Administration

Developed threshold

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Poverty Guidelines

Distribution of Income

Only money income is counted

Reasons for Income Inequality

Education

Wealth

Tax Law Changes

Decline of Unions

More Service Jobs

Monopoly Power

Discrimination

Changing Family Structure

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Antipoverty Programs

Welfare

Income Assistance

Direct Cash

Supplemental Security Income

General Assistance

Food Stamps

Medicaid

Social Service Programs

Tax Credits

Enterprise Zones

Workfare Programs

Negative Income Tax

A Difficult Problem

Economics chapter 12 section 3

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Transcript of Economics chapter 12 section 3