Week 13 of Soc 100 notes
Week 13 of Soc 100 notes SOC 100
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This 2 page Class Notes was uploaded by Ajané Notetaker on Sunday April 17, 2016. The Class Notes belongs to SOC 100 at Central Michigan University taught by Dr. Mari Dagaz in Spring 2016. Since its upload, it has received 22 views. For similar materials see Introductory Sociology in Sociology at Central Michigan University.
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Date Created: 04/17/16
Craig 1 Ajane Craig SOC 100 Professor Digaz 4/16/16 Week 13 Soc 100 Notes Wealth Wealth consists of property and income Property comes in many forms ( cars, land, home, businesses, animals, stocks, bonds, bank accounts etc) Income- money received as wages, rents, interest, royalties, or proceeds from businesses Poverty To determine who is poor the government draws a poverty line Set in the 1960’s when it was assumed that poor people spent 1/3 income on food Based on an assumption government calculates low cost food budget and multiplies it by 3 Inadequate official measure Poor families spend about 20% of income on food ( multiply food budget by 5 instead of 3) Some families pay for child care but treated same as families who don’t have this expense Poverty line is same across nation because of living being higher in some states Functions of Poverty 1. Divorce 2. Births to single mothers 3. Lower wages paid to workers Welfare reform 1996- Clinton signed into law for personal responsibility and work opportunity Reconciliation act (PRWRA) Craig 2 Ajane Craig SOC 100 Professor Digaz 4/16/16 Entitlement Program TANIF – 5 year lifetime maximum States can reduce
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