Question

Assume a household of 2 adults working at full time jobs paying minimum wage, with 2 elementary school age children. Please create a monthly budget for this family and explain each budget line item. Remember to take 15% off their gross earning for taxes. Explain some of the challenges this family will face. Here we are with around 4% unemployment rate or less. Why are so many people living in poverty in America? Where are they located geographically? What about the racial and gender disparities? A bit of Google research should provide additional information. Explain 5 things that need to be done to significantly reduce the number of people in poverty going forward. Should be able to create some good ideas

Please be very descriptive!

Answer 1

a family budget is a statement which shows how family incom is spent on various items of expenditure on necessaries,comforts,luxuries and other cultural wants.it shows the distribution of the family income over the various items of expenditure.

income-

wages/income-

interest income-

dividends-

other-

expenses

food items

health

education

electricity

water

gas/oil

medical

miscallaneous

reasons of poverty in America

1. low level of education among some ethnic groups.

2.poor health condition

3.concentration of wealth.

4. lack of food security

5.increase the number of crimes

where is poverty is common in USA

The true face of poverty ,however is found in rural areas of the south and southwest regions of the US.Where living conditions are even more run down and industry never really started up.seven of the US states are with highest rate of poverty .that includes mississippi(20.8 %)lousiana(20) kentucky(18)...etc

poverty alleviating progrmmes in USA

1.COMMUNITY SERVICES

2.FAMILY PLANNING PROGRAMMES

3.MEDICAL CARE AID

4.NUTRITION AND FOOD SECURITY PROGRAMME

5.LEGAL SERVICES.

6 .JUSTIFIABLE DISTRIBUTION OF WEALTH