Great Depression back in 1930’s, where a time where four million Americans had fallen into poverty. Then in 2008 the economy experienced a serious economic meltdown crisis and recession, at this time 44 million adults now live below the poverty line officially defined as an income below $10,830 for a single adult or less than $22,050 for a family of four (Shaw, 2013 p.132). The economy today in my opinion, where poverty is still a huge impact due to the cost of living going up but the income is not…
Words 1594 - Pages 7