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Economics Vocabulary "Poverty"

AB
cycle of povertythe passage of poverty from one generation to the next
welfareprograms that aim to solve only immediate problems of the poor
antipoverty programprograms that aim to bring people out of poverty
poverty thresholdan amount of money below which a family is considered poor
AFDCaid to families with dependent children
TANFplaces limits on welfare benefits and requires recipients to find work
SSIa federal-state program to give money to poor people who are blind, disabled, or elderly
poverty ratethe percentage of a group below the poverty threshold
unemployment ratethe percentage of the workforce who do not have a job, but are out looking
charitya private organization that helps the poor


NY

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