CRM J 205 1st Edition Lecture 10 Outline of Last Lecture I Concept Building II Political Polarization III David Harvey IV Emotion and Policy Welfare Queen Outline of Current Lecture Income Inequality I The Role of Psychology II Economic Inequality III Poverty Status Current Lecture I The Role of Psychology a Psychological Processes b Externalization and splitting c The process in which an individual disconnects internal faults and seeks to place blame on others d Example I was not hired for that job because they use a quota system e Bootstrap Mentality The belief that if a single individual can rise from adversity all people are able to rise and any inability is a personality flaw not a reflection on external factors II Economic Inequality a Patterns of Economic Inequality 1 a large gap between rich and poor without regard to race or ethnicity 2 a large economic gap between white Americans and racial minorities 3 the growth of the very poor a group some analysts call an underclass in the past 30 years b Standard Measure of Economic inequality Income Wealth Unemployment These notes represent a detailed interpretation of the professor s lecture GradeBuddy is best used as a supplement to your own notes not as a substitute III Poverty status Poverty Status a Poverty In 2009 the official poverty line was 22 050 for a family of four 1 14 3 percent of all Americans were below the poverty line 2 9 4 percent of non Hispanic whites were in poverty 3 25 8 percent of African Americans were in poverty 4 25 3 percent of Hispanics were in poverty In 2010 1 14 3 percent of all Americans were below the poverty line 2 9 9 percent of non Hispanic whites were in poverty 3 27 4 percent of African Americans were in poverty 4 26 6 percent of Hispanics were in poverty b 46 2 million The number of people in poverty in 2010 c Some economists have estimated that a family of four really needs an income of 38 700 a year to live adequately
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