poverty in the us
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Poverty in the US. Who is considered to be living in poverty?. Poverty Facts 1. Half of the world – nearly 3 billion people live on less than two dollars a day, and have no access to sanitation 2. 1.3 billion people live on less than one dollar a day, and have no access to clean water . - PowerPoint PPT PresentationTRANSCRIPT
Poverty in the US
• Who is considered to be living in poverty?
2010 Poverty Thresholds, Selected Family Types
Single IndividualUnder 65 years $ 11,344
65 years & older $ 10,458
Single ParentOne child $ 15,030
Two children $ 17,568
Two Adults
No children $ 14,602
One child $ 17,552
Two children $ 22,113
Three children $ 26,023
Poverty Facts
1. Half of the world – nearly 3 billion people live on less than two dollars a day, and have no access to sanitation
2. 1.3 billion people live on less than one dollar a day, and have no access to clean water .
3. The world’s three richest people have more wealth than the poorest 48 countries of the world combined.
4. Richer countries are getting richer relative to poorer countries From 3 to 1 income in 1820 To 72 to 1 now
5. It is estimate that if you wake up in the morning with a roof over your head and food to eat you are more wealthy than 80 percent of the world.20 percent of the population consume 86 percent of the world’s goods
6. Less than one per cent of what the world spent every year on weapons was needed to put every child into school by the year 2000 and yet it didn't happen. This amount is about $10 billion. Note, consumers in the U.S. and Europe spent $17 billion on pet food.
7. What causes some countries to be so rich and others to be so poor?Even within a developed country there are large gaps between the rich and the poor.
8. CEOs running 100 of the USA's biggest companies pulled in median 2002 compensation of $33.4 million
9. There are 2.2 billion children in the world, approximately 1 billion of them live in poverty.
10. The average Fortune 100 CEO makes 845 times more than the average worker
Some factors of povertyeducationnatural resourcesattitudinal differences
corruptiongovernmentknowledgepoor economic conditions
Solutions (pros and cons)
education opportunities
benevolent leadership
knowledge – free media
government assistance
Children Under 18 Living in Poverty, 2010
CategoryNumber (in thousands)
Percent
All children under 18
16, 401 22.0
White only, non-Hispanic
5,002 12.4
Black 4,817 38.2Hispanic 6,110 35.0
Asian 547 13.6
1 Luxembourg $ 58,900 2004 est.
2 United States $ 40,100 2004 est.
3 Guernsey $ 40,000 2003 est.
4 Norway $ 40,000 2004 est.
5 Jersey $ 40,000 2003 est.
6 British Virgin Islands $ 38,500 2004 est.
7 Bermuda $ 36,000 2003 est.
8 San Marino $ 34,600 2001 est.
9 Hong Kong $ 34,200 2004 est.
10 Switzerland $ 33,800 2004 est.
11 Cayman Islands $ 32,300 2004 est.
12 Denmark $ 32,200 2004 est.
13 Ireland $ 31,900 2004 est.
14 Iceland $ 31,900 2004 est.
15 Canada $ 31,500 2004 est.
16 Austria $ 31,300 2004 est.
17 Australia $ 30,700 2004 est.
18 Belgium $ 30,600 2004 est.
19 United Kingdom $ 29,600 2004 est.
20 Netherlands $ 29,500 2004 est.
21 Japan $ 29,400 2004 est.
22 Finland $ 29,000 2004 est.
23 France $ 28,700 2004 est.
24 Germany $ 28,700 2004 est.
25 Man, Isle of $ 28,500 2003 est.
26 Sweden $ 28,400 2004 est.
27 Aruba $ 28,000 2002 est.
28 Gibraltar $ 27,900 2000 est.
29 Singapore $ 27,800 2004 est.
30 Italy $ 27,700 2004 est.
31 Monaco $ 27,000 2000 est.
32 European Union $ 26,900 2004 est.
33 Andorra $ 26,800 2003 est.
34 Taiwan $ 25,300 2004 est.
35 United Arab Emirates $ 25,200 2004 est.
36 Falkland Islands (Islas Malvinas) $ 25,000 2002 est.
37 Liechtenstein $ 25,000 1999 est.
38 Brunei $ 23,600 2003 est.
39 Spain $ 23,300 2004 est.
40 New Zealand $ 23,200 2004 est.
41 Qatar $ 23,200 2004 est.
42 Faroe Islands $ 22,000 2001 est.
43 Greece $ 21,300 2004 est.
44 Kuwait $ 21,300 2004 est.
45 Guam $ 21,000 2000 est.
46 Israel $ 20,800 2004 est.
47 Cyprus $ 20,300 2004 est.
48 Greenland $ 20,000 2001 est.
49 Slovenia $ 19,600 2004 est.
50 Macau $ 19,400 2003
51 Bahrain $ 19,200 2004 est.
52 Korea, South $ 19,200 2004 est.
53 Malta $ 18,200 2004 est.
54 Portugal $ 17,900 2004 est.
55 Bahamas, The $ 17,700 2004 est.
56 Puerto Rico $ 17,700 2004 est.
57 French Polynesia $ 17,500 2003 est.
58 Virgin Islands $ 17,200 2002 est.
59 Czech Republic $ 16,800 2004 est.
60 Barbados $ 16,400 2004 est.
Why do countries differ?Why do countries differ?
2000Sweden 56.3Norway 55.7Slovokia 53.8Denmark 51.1France 47.5Austria 46.9Belgium 46.8Germany 44.5Luxembourg 44.3Italy 44.1Netherlands 43.8Finland 43.7Canada 41.9Greece 41.4Poland 41.4New Zealand 40.4UK 39.8Portugal 38.6Hungary 38Czech 37.6
Government Spending as a percent of GDP
Spain 37.3Iceland 35Switzer 34.3Australia 32.9US 32.8Japan 31.9Ireland 26.4South Korea 21Mexico 19.7
Japan 31.9Malaysia 29.5Taiwan 20.3China 20Phillipians 19.4Hong Kong 19Thailand 15.2
