Asked by Michael Byars on Jun 08, 2024
Verified
Statement I: Because of the Great Recession of 2008,our poverty rate is now at an eleven year high.
Statement II: One child in every six lives below the poverty line.
A) Statement I is true and statement II is false.
B) Statement II is true and statement I is false.
C) Both statements are true.
D) Both statements are false.
Great Recession
A period of global economic downturn that took place roughly from 2007 to 2009, marked by high unemployment, falling housing prices, and severe financial stress.
Poverty Rate
The Poverty Rate is the percentage of the population that lives below the poverty line, indicating the level of poverty within a country or region.
- Comprehend the formal definitions and assessments of poverty within the United States.
- Examine the effects of public support and welfare modification on poverty levels.
Verified Answer
RG
Rowland GallotJun 09, 2024
Final Answer :
C
Explanation :
Both statements are true. Statement I refers to the overall poverty rate being at an 11-year high due to the Great Recession of 2008, while statement II highlights the specific statistic that one in every six children lives below the poverty line.
Learning Objectives
- Comprehend the formal definitions and assessments of poverty within the United States.
- Examine the effects of public support and welfare modification on poverty levels.