2010 Poverty Thresholds, Selected Family Types Poverty in the US Who is considered to be living in poverty? 2010 Poverty Thresholds, Selected Family Types Single Individual Under 65 years $ 11,344 65 years & older $ 10,458 Single Parent One child $ 15,030 Two children $ 17,568 Two Adults No children $ 14,602 $ 17,552 $ 22,113 Three children $ 26,023

Poverty Facts 1. Half of the world – nearly 3 billion people live on less than two dollars a day, and have no access to sanitation 2. 1.3 billion people live on less than one dollar a day, and have no access to clean water . 3. The world’s three richest people have more wealth than the poorest 48 countries of the world combined. 4. Richer countries are getting richer relative to poorer countries From 3 to 1 income in 1820 To 72 to 1 now 5. It is estimate that if you wake up in the morning with a roof over your head and food to eat you are more wealthy than 80 percent of the world. 20 percent of the population consume 86 percent of the world’s goods

6. Less than one per cent of what the world spent every year on weapons was needed to put every child into school by the year 2000 and yet it didn't happen. This amount is about $10 billion. Note, consumers in the U.S. and Europe spent $17 billion on pet food. 7. What causes some countries to be so rich and others to be so poor? Even within a developed country there are large gaps between the rich and the poor. 8. CEOs running 100 of the USA's biggest companies pulled in median 2002 compensation of $33.4 million 9. There are 2.2 billion children in the world, approximately 1 billion of them live in poverty. 10. The average Fortune 100 CEO makes 845 times more than the average worker

Some factors of poverty education natural resources attitudinal differences corruption government knowledge poor economic conditions

Solutions (pros and cons) education opportunities benevolent leadership knowledge – free media government assistance

Children Under 18 Living in Poverty, 2010 Category Number (in thousands) Percent All children under 18 16, 401 22.0 White only, non-Hispanic 5,002 12.4 Black 4,817 38.2 Hispanic 6,110 35.0 Asian 547 13.6

1 Luxembourg $ 58,900 2004 est. 2 United States $ 40,100 3 Guernsey $ 40,000 2003 est. 4 Norway 5 Jersey 6 British Virgin Islands $ 38,500 7 Bermuda $ 36,000 8 San Marino $ 34,600 2001 est. 9 Hong Kong $ 34,200 10 Switzerland $ 33,800 11 Cayman Islands $ 32,300 12 Denmark $ 32,200 13 Ireland $ 31,900 14 Iceland 15 Canada $ 31,500 16 Austria $ 31,300 17 Australia $ 30,700 18 Belgium $ 30,600 19 United Kingdom $ 29,600 20 Netherlands $ 29,500

21 Japan $ 29,400 2004 est. 22 Finland $ 29,000 23 France $ 28,700 24 Germany 25 Man, Isle of $ 28,500 2003 est. 26 Sweden $ 28,400 27 Aruba $ 28,000 2002 est. 28 Gibraltar $ 27,900 2000 est. 29 Singapore $ 27,800 30 Italy $ 27,700 31 Monaco $ 27,000 32 European Union $ 26,900 33 Andorra $ 26,800 34 Taiwan $ 25,300 35 United Arab Emirates $ 25,200 36 Falkland Islands (Islas Malvinas) $ 25,000 37 Liechtenstein 1999 est. 38 Brunei $ 23,600 39 Spain $ 23,300 40 New Zealand $ 23,200

41 Qatar $ 23,200 2004 est. 42 Faroe Islands $ 22,000 2001 est. 43 Greece $ 21,300 44 Kuwait 45 Guam $ 21,000 2000 est. 46 Israel $ 20,800 47 Cyprus $ 20,300 48 Greenland $ 20,000 49 Slovenia $ 19,600 50 Macau $ 19,400 2003 51 Bahrain $ 19,200 52 Korea, South 53 Malta $ 18,200 54 Portugal $ 17,900 55 Bahamas, The $ 17,700 56 Puerto Rico 57 French Polynesia $ 17,500 2003 est. 58 Virgin Islands $ 17,200 2002 est. 59 Czech Republic $ 16,800 60 Barbados $ 16,400

Why do countries differ?