give me a definition of poverty? tell me about children and poverty in the unite
ID: 464041 • Letter: G
Question
give me a definition of poverty?
tell me about children and poverty in the united states especially on 2016?
The paper should include both sides of the argument/debate surrounding the social problem
Include a reflection on YOUR thoughts/feelings about the issue. This section should include: What were your preconceived notions about the topic? Have they changed now that you have more knowledge about the topic? What was your comfort level?
What possible solutions exist/are being discussed to help “solve” the problem
Explanation / Answer
Poverty is a situation of deprivation, or a lack of the socially acceptable quantum of money or material possessions.A common measure of poverty in the U.S. is the "poverty threshold" set by the U.S. government. This measure considers poverty as a lack of those goods and services commonly taken for granted by members of mainstream society.The official threshold is adjusted for inflation utilizing the consumer price index
Recent arguments have centered on the need for policies that target on both "income poverty" and "asset poverty." Supportes of the approach argue that traditional governmental poverty policies focus on supplementing the income of the poor through programs like Aid to Families with Dependent Children (AFDC) and Food Stamps. 27 percent of households – almost double the percentage that are income poor – are living in "asset poverty." These families do not have the savings or other assets to cover basic expenses for three months if a layoff or other emergency leads to loss of income. To give assistance to such asset poor families, Congress appropriated $24 million to administer the Assets for Independence Program . The program enables community-based nonprofits and government agencies to execute IDA programs, which are an asset-based development initiative.Funds accumulated in IDA savings is matched by federal and non-federal funds to enable households to add to their assets portfolio by buying their first home, acquiring a post-secondary education, or starting a small business.
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