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In 1940, the poverty rate in the United States was estimated to be around 20%. This figure reflected the economic challenges of the Great Depression, which had lasting impacts on employment and income levels. The data from that time primarily relied on census information and is considered less precise than modern measurements.
What else can I help you with?
Does the US have the highest poverty rate?
The US does not have the highest poverty rate globally, but it does have a significant poverty rate compared to other developed nations. Factors such as income inequality, access to healthcare, and social support systems contribute to the level of poverty in the US.
Based on 2013 U.S. poverty figures what race has the highest poverty rate in the US?
African americans
Are the people in France poor?
The poverty rate in France is lower than in the US.
What is the poverty rate in Greece?
The poverty rate in Greece was 23.2 in 2015.
What is the poverty rate of Peru?
The country's total poverty rate is 30.2% which includes 13.7% of extreme poverty.
How much was one pound in 1940?
In 1940, the exchange rate for British pound to US dollar was around £1 to $4.03.
Who has the highest child poverty rate among the major industrialized nations?
I believe its the US
What is Germany poverty rate?
11% of Germany is below the poverty line, national rate is 13.5%
What is the poverty rate in pakistan2010?
The poverty rate in Pakistan is 40 percent according to the World Bank.
What is Brazil's poverty rate?
The poverty rate in Brazil is estimated to stand about 19%. This means that 19% of the population lives below the poverty line.
What state has the most poverty?
Michigan has the highest poverty rate.
Does us have higher or lower poverty rate than other developed nations?
It is uncertain. So maybe, but officially no.
