free enterpise allows companies to use cheaper labor and make the poverty threshold lower
free enterpise allows companies to use cheaper labor and make the poverty threshold lower
No, the federal reserve does not set the poverty threshold in the United States. The poverty threshold is set by the U.S. Department of Health and Human Services based on statistics gathered from many of their departments.
The poverty threshold, poverty limit or poverty line is the minimum level of income deemed adequate in a particular country.
The poverty threshold, poverty limit or poverty line is the minimum level of income deemed adequate in a particular country.
Yes, it's true that the poverty threshold is a relative figure determined by the federal government.
The United States government sets the property threshold for the United States.
The Social Security Administration (SSA) uses the poverty threshold established by the U.S. Census Bureau, which is based on the cost of a minimum food diet in 1963, adjusted for inflation and updated annually. The threshold varies by family size and composition and is calculated using a formula that considers the poverty rate and economic conditions. This measure helps determine eligibility for various federal and state assistance programs, ensuring support reaches those in need.
The Poverty Threshold
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The "poverty line" is the level of income that separates the people who live in poverty from everyone else. It is not an official line and no specific income has been established as the "poverty line". It is an expression used in conversation to replace the lengthy expression "the level of income that separates poor people from people who are not poor".
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