Question 1

A social policy to help the poor is a Per Child Tax Credit, which is also known as __________.

Accepted Answer

A Per Child Tax Credit is a form of negative income tax, where individuals receive financial benefits based on the number of children they have, effectively increasing their income.

Question 2

Julie pays a portion of her paycheck into Social Security each week. Once she is 65, she will have access to the money that she has contributed. This reflects __________.

Accepted Answer

Social Security is a form of social insurance where individuals contribute during their working years and receive benefits upon retirement.

Question 3

In a debate about taxes, Mark argues that the rich already pay a disproportionate amount of the overall taxes and that we should not tax them at a higher rate just because they make more money. He is arguing against __________.

Accepted Answer

Mark is arguing against progressive taxation, which is a tax system where the tax rate increases as the taxable amount increases, meaning higher earners pay a higher percentage of their income in taxes.

Question 4

Assuming that the causes of poverty lie __________ the individual, leads to policies such as education and social reform.

Accepted Answer

Assuming that the causes of poverty lie outside the individual suggests that external factors are responsible, leading to policies like education and social reform to address these factors.

Question 5

The proposal to give all citizens a set amount of money in order to eliminate poverty is known as __________.

Accepted Answer

Universal basic income is a policy proposal where all citizens receive a regular, unconditional sum of money from the government, aimed at reducing poverty and providing financial security.

Question 6

Discuss the poverty line and explain its limitations.

Accepted Answer

The answer of Discuss the poverty line and explain its...

Question 7

Use your theories to analyze and explain how poverty impacts education.

Accepted Answer

The answer of Use your theories to analyze and explain...

Question 8

What did Henslin find in his research about the homeless? What types are there? In your opinion, which of the homeless could most easily be transitioned to housing through the use of policy? Use theories to back up your answer.

Accepted Answer

The answer of What did Henslin find in his research...

Question 9

What are some rules for avoiding poverty and also for developing a more financially secure life? How does the practical, empirically informed advice in the text match up with conflict theory?

Accepted Answer

The answer of What are some rules for avoiding poverty...

Question 10

Compare and contrast the idea of the power elite with that of the pluralist view of power.

Accepted Answer

The answer of Compare and contrast the idea of the...

Quiz 7: Economic Problems: Poverty and Wealth