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Why does poverty exist in the United States? Do all consumers

have the ability overtime to earn livable wages?

User Chashikajw
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Final answer:

Poverty in the United States is influenced by economic inequality and systemic barriers. The U.S. government determines poverty guidelines, but not all consumers can earn livable wages over time due to various factors.

Step-by-step explanation:

Poverty in the United States

Poverty exists in the United States due to various factors. One reason is economic inequality, where a significant amount of wealth is concentrated among the top 1% of society. These individuals often acquire their wealth through factors such as high-paying jobs, inheritance, investments, and business success.

The U.S. government determines the poverty guidelines, which are used to determine eligibility for various social assistance programs. These guidelines take into account factors such as household size and income. However, it is important to note that not all consumers have the ability to earn livable wages over time. This is influenced by factors like education, job opportunities, and systemic barriers that can limit economic mobility.

While some individuals are able to overcome these challenges and improve their financial situation, others may face ongoing difficulties in accessing higher-paying jobs and achieving livable wages.

User Jeremy Morehouse
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