Economics includes demands for food. The research centers on the people’s demand for food. The research includes the United States government’s aid to the poor and needy of American society. Food stamps help increase the demand for products and services offered by stores and other entities. …
Let us write or edit the term paper on your topic
"Locate a news article about POVERTY in order to conduct a meta-analysis of the author's economic perspective of the issue"
with a personal 20% discount.
Download file to see previous pages...
The New York Times Article Food Stamps Helped Reduce Poverty Rate, Study Shows” is a good economic issue (ref: http://www.nytimes.com/2012/04/10/us/food-stamp-program-helping-reduce-poverty.html?_r=1)
1. In terms of providing a brief overview / synopsis of the economic issue, the article shows that the Agriculture Department mentioned food stamps continue to reduce the poverty level of the United States. The food stamps are also known as Supplemental Nutrition Assistance Program or SNAP. The food stamps project benefitted more than 45,000,000 individuals in the nation. Specifically, the food stamps program raised the average below poverty line individual’s income six percent nearer to the poverty line.
2. In terms of discussing the model or economic theory that relates to the issue presented in the news article, the economic theory that relates to the issue in the news article is demand principle. The economic theory dictates that “as the prices of goods and services increase, the demand for products and services decrease.” The theory also states that the demand for the products and services increases as the price of goods and services decline. The people who have enough money to pay for the goods and services will be the ones willing to buy the goods and services. As the prices of the goods or services increase, some of the people can no longer afford to buy the previously lower priced goods or services. Thus, the people who can no longer afford to buy the higher priced goods and services are forced to shift to the competitors’ lower priced goods and services....
Ronald King (King, 2000) theorizes “The Food Stamp Act of 1964 authorized the secretary of agriculture “to formulate and administer ‘a program under which “eligible households within the State shall be provided with an opportunity more nearly to obtain a nutritionally adequate diet through the issuance to them of a coupon allotment which shall have a greater monetary value than their normal expenditures for food.’1 The food stamp program is intended to increase the food purchasing power of low-income households to the point where they can afford the “Thrifty Food Plan, ” the least expensive of the food purchasing plans developed by the U.S. Department of Agriculture.” The above quote states that the basic unit for the United States food stamps benefit program is the household. The family is described as the group of persons living under one roof who regularly buy food and prepare food in together. The food stamps program presumes that average household spends 30 percent of their entire purchasing power (computed in terms of cash on hand) on their unavoidable food needs. The food stamps program lightens the food need predicament of the family qualifying as belonging to the poverty line population of the United States. The United States government steps into the poverty level family home by giving them subsidy that is enough to close the gap between the household’s expected contribution to food purchases and the cost of the Thrifty Food Plan. The food stamps are given to the qualified families through booklets of coupons denominated in United States dollar amounts or by an Electronic Benefit Transfer card technology program. Some of the United States groceries are authorized to accept the food stamps as payment for the food bought from their
...Download file to see next pagesRead More
Cite this document
(“Locate a news article about POVERTY in order to conduct a Term Paper”, n.d.)
Retrieved from https://studentshare.org/macro-microeconomics/1398198-article-analysis
(Locate a News Article about POVERTY in Order to Conduct a Term Paper)
“Locate a News Article about POVERTY in Order to Conduct a Term Paper”, n.d. https://studentshare.org/macro-microeconomics/1398198-article-analysis.
It has also had great impacts on the size of the population, the relations between people as well as being a major crisis in countries that have poor economic policies. Poverty has been viewed as multidimensional in its definition. It has various descriptions ranging from material lack to non material lack.
This paper illustrates that globalization has had an impact on human resource management as evidenced by this expose. The role of human resource management is ever increasing to be a strategic role. In this case, adding value through providing tactical support in implementation of business strategies is becoming an increasing role of human resource management.
The country also ranks 168 out of 171 in the list of measuring public health. This leads to approximately 1 million deaths in India every year and wastage of almost 1 percent of the GDP. Amongst international school feeding programs, Mid Day Meal programme in India caters to millions of people find food.
The analysis shows that the number of people working has significantly increased. However, the number of jobs available are either insufficient for the people available. It also states that the decline in real wage rates is attributable for this notable difference between the minority and non-minority.
The social and economic benefits of diverse institutions of higher learning have been at the forefront over the years for the Canadian government as they attempt to influence the shape and role of the sector. In this moment in time, it is essential that the government reassert the role that is played by universities in the country’s future development, especially as we emerge from a recession.
The proceeding discussion and analysis weighs in on two values. The first value is that of people and their well-being as workers in the factories that make Apple and other electronic products. The second value is that of the products that they make and the benefits that accrue to consumers from those products and the work of their labor.
However, with resources come other regulating forces such as competition for ownership of the largest portion and unequal distribution of income which in most instances results to conflict. It has been observed that countries with vast amounts
ny is a business empire that has no equal; that their products are utilized in almost every computer on earth or that is has still not arrived at the height of its power, as well as influence, making them seem like a monopoly in this business (Christensen & Raynor, 2013). Even
7 Pages(1750 words)Term Paper
GOT A TRICKY QUESTION? RECEIVE AN ANSWER FROM STUDENTS LIKE YOU!
Let us find you another Term Paper on topic Locate a news article about POVERTY in order to conduct a meta-analysis of the author's economic perspective of the issue for FREE!