Socio - Economic issues Flashcards
What is the idea of the American Dream?
Is the idea that any person in the USA can achieve wealth, success and happiness through hard work and ambition.
If asked to write an essay on socio economic inequalities in your world power, what would the paragraph structure be?
- Income and unemployment
- Education
- Health
- Housing
Which ethnic groups earn less than whites?
on average hispanics and blacks earn less than whites
Which ethnic group is seen to earn more than whites?
Asians are seen to earn more than whites
Why may it be that hispanics and blacks earn less than whites?
They are seen to be stuck in the poverty cycle, where the area they live in prevents them from having access education or high paying jobs.
What is the white flight?
White people were the ethnic group who could afford to move from the inner city to the suburbs, taking their much needed cash and taxes and leaving behind other ethnicities.
White people income?
57,000
Black income?
33,000
Hispanic income?
39,000
Asian income?
68,000
unemployment rates for whites?
6.1%
Black unemployment rates?
12.2%
Hispanic unemployment rates?
8.6%
Asian unemployment rates?
5.4%
What was the government response to Income and unemployment?
TANF
What does TANF stand for?
Temporary assistance for needy families
What is TANF?
Money is given to those who are out of work and have dependent children. The goal is to get the recipient off the welfare payments and back into employments.
What is the maximum single period that someone can claim TANF for?
24 months
What is the maximum across and entire lifetime that someone can claim TANF for?
60 months
What two laws after the recession were put in place to help people back into work?
The JOBS act 2011 and the Recovery act 2009.