Asked by Selia Bennett on Apr 29, 2024
Verified
The proportion of the U.S.population below the poverty line
A) rises with upturns of the business cycle.
B) has declined,though somewhat erratically,over the past 40 years.
C) has been virtually eliminated by a vigorous "War on Poverty."
D) covers roughly 20% of the same people year after year.
Business Cycle
Increases and decreases in the level of business activity that occur at irregular intervals and last for varying lengths of time.
War On Poverty
A set of government policies and programs initiated in the 1960s in the United States aimed at reducing poverty and improving living conditions for the impoverished.
- Understand the impact of the distribution of income and disparities on the incidence of poverty.
Verified Answer
MW
Morgan WoernerMay 03, 2024
Final Answer :
B
Explanation :
The proportion of the U.S. population below the poverty line has declined over the past 40 years, although there have been fluctuations in this trend. The “War on Poverty” has not entirely eliminated poverty, and the proportion of people below the poverty line remains at around 10-15% annually.
Learning Objectives
- Understand the impact of the distribution of income and disparities on the incidence of poverty.