Asked by Samantha Beveridge on May 21, 2024
Verified
Statement I: Social Security payments help mostly the poor.
Statement II: Poverty may be defined as a relative concept and as an absolute concept.
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.
Social Security Payments
Money that is paid to individuals by the government as part of a social welfare program, typically in retirement or for disability.
Poverty
A condition where an individual or community lacks financial resources and essentials for a minimum standard of living.
Relative Concept
An idea or measurement that is understood in relation or comparison to something else, not absolute.
- Examine the notion of poverty from both relative and absolute perspectives.
- Learn about the mechanisms of social support systems and their implications for poverty reduction.
Verified Answer
AJ
Ananya JunejaMay 24, 2024
Final Answer :
B
Explanation :
Statement I is false because Social Security payments benefit a wide range of individuals, not just the poor. Statement II is true as poverty can indeed be defined both in relative terms (comparing individuals or groups to the overall income or wealth of a society) and in absolute terms (a fixed dollar amount deemed sufficient for a basic standard of living).
Learning Objectives
- Examine the notion of poverty from both relative and absolute perspectives.
- Learn about the mechanisms of social support systems and their implications for poverty reduction.