Poverty in the US Essay Example | Topics and Well Written Essays - 1250 words

Poverty in the US - Essay ExampleFrom the table given below it is clear that opposite norms were there to calculate the mendicancy levels of different pile. People below the age of 65 and over the age of 65 have different criteria to calculate their poverty levels based on the number of children they may have. It is an accepted fact that two people with same revenue cannot be considered as rich if they have different number of family members. 2009 Poverty Thresholds, Selected Family Types genius Individual Under 65 years $ 11,161 65 years & older $ 10,289 Single P bent one(a) child $ 14,787 Two children $ 17,285 Two Adults No children $ 14,366 One child $ 17,268 Two children $ 21,756 Three children $ 25,603 (Poverty in the fall in States, 2010) A parent with fewer children may have less expenditure than a parent with to a greater extent children. In other words, population increase is a factor which is seeing the poverty statistics in the States. the States is a country of paradise for the immigrants. People from all over the world are migrating to the States in order to achieve better living standards. It is a fact that these people are contributing severely to the economic growth of the country. At the same time they are increasing American population and afterward the poverty rank may also go up. The following table provides a brief judgment nigh the poverty rate among children of different communities in America as per the 2008 statistics Children Under 18 bread and butter in Poverty, 2008 Category Number (in thousands) Percent All children under 18 15, 451 20.7 White yet, non-Hispanic 4, 850 11.9 Black 4,480 35.4 Hispanic 5,610 33.1 Asian 531 13.3 (Poverty in the United States, 2010) From the above statistics, it is clear that the... Poverty is a universal phenomenon which can restore any country irrespective of their economic power. No country, developing, developed or underdeveloped, is free from poverty. Poverty is one of the major co ncerns for the sociologists and economists.United States is supposed to be one of the wealthiest countries in the world. However, the recent financial crisis has created strong concerns among the public about Americas credentials as one of the richest countries in the world. United Sates faced several accusations when globalisation entered the world. Many countries, including China, perceived globalization as a strategy by capitalist countries like America to loot the resources of other countries. However, at present economic experts are unique in their opinion that America failed to exploit the globalization properly whereas China succeeded in exploiting it heavily for their economic growth. Many people are of the view that globalization also played a role in increasing the poverty rates in America. This paper analyses the major reasons for poverty in America in general and the role of globalization in particular, and proposes some solutions to eliminate it. It is not necessary th at the poverty in America is dependent only on the factors inside America alone. In a heavily globalized world, problems of one country can affect other countries also, both directly and indirectly.