Poverty and Economic Inequality
Discover the causes and impacts of poverty and economic inequality, explore programs like TANF, EITC, SNAP, and Medicaid, and learn about government policies to reduce income inequality in this tutorial.
Introduction to Poverty and Economic Inequality
Drawing the Poverty Line
Key Concepts and Summary
The Poverty Trap
Key Concepts and Summary
Temporary Assistance For Needy Families
The Earned Income Tax Credit (EITC)
Supplemental Nutrition Assistance Program (SNAP)
Medicaid
Key Concepts and Summary
Income Inequality
Measuring Income Distribution by Quintiles
Lorenz Curve
The Changing Composition of American Households
A Shift in the Distribution of Wages
Key Concepts and Summary
Government Policies to Reduce Income Inequality
Redistribution
The Ladder of Opportunity
Inheritance Taxes
The Tradeoff Between Incentives and Income Equality
Key Concepts and Summary