What kinds of programs has the federal government instituted to help the working poor?
How does that phrase "working poor" refute the stereotypes created by the concept of rugged individualism? How might the economic recession of 2008 have had a similar effect in destroying stereotypes?
Answer:
An ideal response will:
1. Describe some of the ways the federal government helps low-income people, including the setting of a minimum wage, providing help for day care centers, the Earned Income Tax Credit, and others.
2. Discuss how the concept of rugged individualism has caused many Americans to think that people are poor by choice and that they would not be poor if they worked harder, but the fact is that many people who collect benefits from the government do work, but do not earn enough money to sufficiently support themselves and their families.
3. Identify that because of the recession of 2008, in which many Americans lost their jobs and homes, some of the stereotypes of the poor may change, since many former workers and homeowners found themselves in dire straits.
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Those with a liberal economic perspective advocate which of the following as a development strategy?
a. grassroots projects b. government intervention in the economy c. projects addressing basic needs d. economic growth through trade e. subsidies for infant industries
Every year, the federal government determines the minimum cash income that will provide for a family's basic needs, this is known as the
A) ?poverty level. B) ?basic needs threshold. C) ?minimum sustenance threshold. D) ?basic needs guideline. E) ?poor people's assistance level.