Riches and Neediness.

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Riches and Neediness. High-salary countries have profoundly industrialized economies; innovatively progressed mechanical, managerial and administration occupations; and generally elevated amounts of per capita pay (Samples are Australia, New Zealand, Japan, European countries, Canada and the United States).
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Riches & Poverty High-salary countries have profoundly industrialized economies; mechanically progressed modern, regulatory & administration occupations; & moderately elevated amounts of per capita pay (Examples are Australia, New Zealand, Japan, European countries, Canada and the United States)

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Wealth & Poverty Middle pay countries will be nations experiencing change from agrarian to modern economies (Examples are Columbia, Guatemala, Panama, Poland & Romania) Low pay countries are essentially agrarian (Examples are Rwanda, Mozambique, Ethiopia, Nigeria, Cambodia, Vietnam, Afghanistan, Bangladesh and Nicaragua)

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Wealth & Poverty In 2000, 20% of the world populace (those that live in high-pay countries) controlled 86% of the world’s GDP) GDP = Gross Domestic Product = merchandise & administrations delivered inside of a nation The last 20% controlled just 1% of the world’s GDP)

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Wealth & Poverty High wage nations controlled 82% of the world’s fares Low wage nations just controlled 1% of the fares High pay nations = 74% telephones Low wage nations = 1.5% telephones Low pay nations = ½ of aggregate pop

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Wealth & Poverty 1.3 billion individuals live in outright destitution 600 million individuals have interminable lack of healthy sustenance 40 million individuals kick the bucket every year from craving The quantity of individuals biting the dust worldwide is equivalent to 300+ enormous planes smashing every day without any survivors & ½ are kids

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Wealth & Poverty By 2025, center and low pay countries will increment by 60% while high wage countries will increment by 11% (guide 2.1) Relative neediness happens when individuals can manage the cost of fundamental necessities however can\'t keep up a normal way of life in correlation to that of different individuals in their general public

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Wealth & Poverty Under 18 (25% of US pop) = 40% of poor 1 in 4 under age 6 are poor Female headed (no grown-up male) = 55% of under age 6 are poor More than ½ of every poor childre live in families where no less than one grown-up works outside the home (see figure 2.1)

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Wealth & Poverty Feminization of neediness – ladies are lopsidedly spoken to among people living in destitution African-Americans, Latinos and Native Americans are overrepresented among individuals living in destitution (figures 2.2 & 2.4)

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Wealth & Poverty Almost a large portion of all underneath destitution have Medicaid 30% of the poor have no wellbeing protection & are overrepresented among Latinos & African-Americans 4 million of kids under age 12 are eager consistently

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Wealth & Poverty half of all insufficient lodging units are in provincial territories Families with kids represented 40% of every destitute individual African-Americans and Latinos are overrepresented among the destitute

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Wealth & Poverty FDR’s New Deal amid the Great Depression of the 1930’s began the US being a welfare express (the govt assumes liability for particular classifications of individuals by offering them certain administrations and advantages, for example, job, lodging, wellbeing, training or ensured pay)

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Wealth & Poverty Why neediness? Motivational – accuse the poor Human capital – absence of benefits the individual brings like instruction, occupation preparing, and so on. Social – self-propagating framework that keeps individuals caught in neediness Cultural capital – absence of social resources that are needed for achievement

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Wealth & Poverty Social disparity – persuades individuals to gain rare assets Capitalism – specialists experience compensation press while shareholders & CEO’s rak

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