Asked by
Ricky Hinojosa
on Oct 26, 2024Verified
Compared with other countries of comparable wealth,the United States has:
A) unusually high poverty rates.
B) similar levels of poverty.
C) relatively low levels of poverty.
D) low levels of poverty only when relative measures of poverty are used.
Poverty Rates
Indicators or measures that reflect the percentage of the population living below the national poverty line, which is often defined by the inability to afford the basic needs for living.
Comparable Wealth
An assessment of the relative financial status or asset value of individuals, organizations, or nations, compared to others.
Relative Measures
Relative measures refer to statistical metrics that are used to compare or assess a value in relation to another value, such as ratios or rates, providing a basis for comparison.
- Highlight the causes of rising inequality in the United States, notably the role played by technological developments.
Verified Answer
NB
Learning Objectives
- Highlight the causes of rising inequality in the United States, notably the role played by technological developments.