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8 Cards in this Set

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