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Business
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Crisis in American Institutions
Quiz 10: Poor Children in Rich Countries Timothy Smeeding and Barbaraboyld Torrey
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Question 1
True/False
Nearly one-third of Americans were considered low-income in 2005-that is, having incomes below 200 percent of the federal poverty level.
Question 2
True/False
The top one percent of U.S. households hold one-third of the nation's net worth, while the bottom 40 percent hold less than one percent.
Question 3
Multiple Choice
Which region of the U.S. has the highest poverty rate, as well as the largest number of individuals in poverty?
Question 4
Essay
According to the authors, "the U.S. has seen periods of dramatic poverty reduction" . Identify and discuss policies that could be implemented to reduce or even eliminate persistent poverty.