Poverty in the US

1. Poverty in the US • Who is considered to be living in poverty?

2. 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

3. 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

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

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

11. Why do countries differ?