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8 Cards in this Set
- Front
- Back
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absolute poverty
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the state where people are deprived of basic necessities and struggle for day to day survival
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deindustrialization
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the movement of relatively high wage manufacturing jobs from the united states to countries where cheaper wages can be paid.
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feminization of poverty
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the trend toward the overrepresentation of women living in offical poverty
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job deskilling
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the reduction of the skills and proficiences needed to perform a job accompanied by a corresponding reduction in wages paid for the job.
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income
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cash flow into a household over a period of time.
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official poverty
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government determined level of household income needed to live at a subsistence level
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relative poverty
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the state where people are deprived of the resources needed to enjoy the average standard of living in a society
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wealth
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the net value of assets at a point in time.
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