This website uses cookies to ensure you have the best experience. Learn more

Extra Credit Poverty Line Essay

664 words - 3 pages

Ms. Knights
Extra Credit
Find the Poverty Line for Different Sized Families

Below is a snapshot of the 2013 Poverty line by family size provided by the United States Census Bureau as well as the way in which the poverty line is measured.


How the Census Bureau Measures Poverty
Following the Office of Management and Budget's (OMB) Statistical Policy Directive 14, the Census Bureau uses a set of money income thresholds that vary by family size and composition to determine who is in poverty. If a family's total income is less than the family's threshold, then that family and every individual in it is considered in poverty. The official poverty thresholds do not ...view middle of the document...

Updated annually for inflation using the Consumer Price Index for All Urban Consumers (CPI-U).
Although the thresholds in some sense reflect families needs,
• They are intended for use as a statistical yardstick, not as a complete description of what people and families need to live.
• Many government aid programs use a different poverty measure, the Department of Health and Human Services (HHS) poverty guidelines, or multiples thereof.
Poverty thresholds were originally derived in 1963-1964, using:
• U.S. Department of Agriculture food budgets designed for families under economic stress.
• Data about what portion of their income families spent on food.

If total family income is less than the threshold appropriate for that family,
• The family is in poverty.
• All family members have the same poverty status.
• For individuals who do not live with family members, their own income is compared with the appropriate threshold.
If total family income equals or is greater than the threshold, the family (or unrelated individual) is not in poverty.
People Whose Poverty Status Cannot Be Determined
Unrelated individuals under age 15 (such as foster children):

Other assignments on Extra Credit - Poverty Line

Income Tax Essay

923 words - 4 pages what the economy thinks about income tax and the relationship are affected are the more common names used. What the government thinks of the income tax the government support the economy on what the people think on how to make life easier and relax life. The government point of view is the fact they provide anti-poverty measure, including food stamps, the Earned Income Tax Credit and unemployment insurance, from the money used on the income tax

Identity Theft Essay

3405 words - 14 pages cards or checks immediately. - Keep personal information off your checks. Never preprint your driver's license or Social Security number on your checks. - Remove your Social Security number from your driver's license. - Close any credit card, bank, or other financial accounts that have been opened fraudulently. (para 6) Protect Your Computer and Protect Yourself On-Line You may think that your computer is a safe place to store your personal

Project On Retail Banking

7281 words - 30 pages % in insurance and brokerage, and 125% in the consumer credit card market. Thus, banks need to focus on customer retention. Sustainability it is another issue, which is becoming increasingly vital with respect to the growth of retail banking in India, due to excessive concentration on the top-line without regard to the quality of growth of the top-line, increasing market share by increasing risk appetite and entering the markets where a bank may


631 words - 3 pages . When the prices were within the reach of the masses, people have started consuming more as if there is no tomorrow. As a result, the waist line of Mango people begun to rise, thereby inviting physical trouble for themselves. Rising waistline attracted the kind of guests like diabetes, sugar and high blood pressure. No amount of physical exercise, yoga and precautionary measures helped in eliminating those unwanted guests. Thankfully, inflation has

Managers Job In Context

2298 words - 10 pages . Anasari has to coordinate activities that is passed on to him by top-management, to execute bank (institution) policies, procedures and practices that have to do with extending or permitting i.e. real estate loans, credit or commercial loans, lines of credits and so on. This position usually requires more experience in this line of work, as they need to supervise a larger staff. Lastly, I believe the requirement of this job demand particular

Problems In Developing Small Scale Industries In Bangladesh

3349 words - 14 pages development training • In- plant advisory services • Credit facilities etc. Main Objectives of BSCIC: •    Increase of industrial production and productivity in the SCI sector ; •    Creation of employment opportunities; •    Poverty alleviation; •    Balanced regional growth; •    Ensure  optimum utilization of economic and human resources; •    Accelerate overall economic growth of the country through SCI

Managing Ethics In The Workplace

4295 words - 18 pages plan in place for anyone who has a skill that is critical to your success. 4. Watch out for the “slippery slope.” Have you ever used the term, “his behavior really crossed the line?” Each workplace has a “line” that separates appropriate behavior from the inappropriate. Organizations get into “hot water” when they define or ignore some unethical behavior because it is considered to be a “small” issue or “no big deal.” When they do this, they are


635 words - 3 pages LEADERSHIP Leaders need to have qualities and attributes that would make followers go the extra mile. LEADERSHIP TRAITS AND QUALITIES * TRUST A leader must be trusted. The team members must accept that the leader will stand up for them whatever the situation. It is only that kind of trust makes people feel empowered, gives stand the courage to innovate , take risks and to push themselves beyond their comfort zone to find success. There

India On The Move

828 words - 4 pages iPhone 4. Luxury brands have found eager customers in Indian cities. Hermes has not only set up a shop in India, it has localised its goods by launching a line of saris. 
At the other end of the spectrum, I was most impressed by the commitment to lifting millions out of poverty through the use of innovative technologies and financial services. Consider the company FINO. It boasts proprietary electronic technology that facilitates rural households

The Waterfall Model In Ict

1853 words - 8 pages • Businesses prefer managing inventory more effectively and that can only be done if it has current information for out-of-stock items. Batch processing does not give such information right there and then. • Batch processing is much slower than on-line. • It has high turnaround time. This is the time taken between submitting the job and getting the output. An example of batch processing is the Billing system. Credit card companies

The Programme Of Action To Mitigate The Social Cost Of Adjustment: Objectives And Assessment Of Failures And Achievements

3202 words - 13 pages , reduced mass poverty by providing training, work and income through community development projects for targeted groups such as retrenched workers, women and poor households. However, critics contend that PAMSCAD did little to alleviate the Economic hardships faced by the truly disadvantaged, notably women and the poor. It is argued that most of the resources, credit, and construction projects initiated by PAMSCAD favoured men over women. Brydon and

Similar Documents

Economic Growth & Poverty Reduction In Bangladesh

3948 words - 16 pages poverty. But many more challenges lie ahead of us which we must face to eradicate poverty and move towards a poverty-free Bangladesh. Challenge of better monetary management The country has opted for following a selective credit control measures with expansionary credit policy to essential sectors and contractionary policies to luxury items. It has been following 'free-float currency' policy which appears to be a mere luxury with both export and

Classical Principles Of Argumument Paper

728 words - 3 pages and media coverage of New Orleans grabbed the attention of many Americans. It gave Americans a clear picture of who was suffering the most. It revealed who all was left behind, because they did not have the resources to evacuate. The men, women, and children left behind were poor and black. They did not own vehicles nor did they have extra cash to assist with the evacuation process. For the first time in years, the media was reporting on poverty

Grameen Bank Essay

4194 words - 17 pages eventually cause poverty. Consequently, "micro-credit" was developed to address this failure and decades has seen a significant growth in this sector. Microfinance over the years has received several donor endorsement to be the most viable anti-poverty initiative. This is because it targets and reaches the impoverished, especially women, and also small entrepreneurs and producers who more often than not have a limited formal access to traditional

Subprime Mortage Essay

1444 words - 6 pages example where the company opened thousand of stores prior to the recession, however in the heart of the recession They started to feel the pain of sliding sales and to bring costs in line with falling revenue they closed 300 stores and fired 6,000 workers in January 2009 (McIntyre). Increased poverty rates were a major consequence of the increased unemployment in the economy due to the great recession. According to Erik Eckholm, reporter and