The statics show that more money is put into public education in the wealthier areas. These tend to be white neighborhoods. Incomes are higher thus house prices are higher thus taxes are higher and the money put into education is higher. Latinos and Black families tend to be larger and rely on less income than those earned by White families. Latinos and Black works tend to have to work more than one job to make ends meet.
John majors government came into office after the downfall of Margret Thatcher, which ultimately created divisions within the party. Not only did the party suffer from the internal conflict but also faced the problems of the recession after the ‘Lawson boom’. In order to stabilise the economy he joined the ERM getting a good deal but ultimately resulting in ‘black Wednesday’ causing Major to raise interest rates to 15%. This was political suicide and he soon lost the support of the press we had once relied so much on to get re-elected in 1992. The housing market also plummeted leading to negative equity, which the majority of the working class could not afford resulting in the repossession of their houses combined with the drastic increase in unemployment Britain was in a mess.
The Great Depression was a severe period of poverty and tragedy. It effected many other countries not just America; especially in Europe, where many countries had not fully recovered from the aftermath of World War I. The cost of World War I weakened the ability of the world to respond to a major crisis. America alone had ten billon dollars of debt from the war. In Germany America’s economic failure contributed to the rise of Adolf Hiltler, so the Stock Market Crash had a domino effect on our country and others.
List a few reasons economists speculate could be the cause of the slump in productivity increasing presence in the work force of women and teens (had lower skills, less likely to take full time jobs),declining investment in new machinery, general shift of American economy from manufacturing to services B. Sharply rising oil prices in the 1970s also fed inflation, but its deepest roots lay in government policies of the 1960s—especially Lyndon Johnson’s insistence
The problem is very serious. There are 50.7 million Hispanics in the United States (Motel & Eileen, 2012), a population that is growing at a fast pace. The gap between minorities and white Americans is becoming more equal. The more parents who are raising their children in single parent families means that there is less monitoring of technology usage. This means the divide will continue to grow unless all parents take a more active role in the amount of time their children spend using media devices.
It is estimated that the effects of staying in school for just one additional year can increase an individual’s income by about ten percent (Oreopoulos, 2007). People that drop out of school make significantly less money than someone who graduated from high school. Unfortunately, the population of students that are most likely to drop out of high school already come from low income environments. Dropping out of high school makes it very difficult for students to make their lives better in the future. According to Oreopoulos, states that have increased the compulsory attendance age have seen a decrease in dropout rates and an increase in post-secondary education attendance.
The economy is considered to be very unstable at the current time, and it is the duty of the United States government to do everything in their power to once again stabilize the once booming economy for the sake of the entire country and its citizens. Current Unemployment Rate Currently unemployment rates in the United Sates are a less than desirable 7.9%. Although, this number has decreased by 2.1% from its peak in recent years, it is still believed that there is a long way to go. Prior to the recession unemployment rates fluctuated between 4% and 6% (www.bls.gov, 2012). This increase in the unemployment rate is having considerable impacts on the economy.
` In the article, Generation Debt by Anya Kamenetz, it talks about how the recent twenty years, the cost of college has risen dramatically. A lot of the young Americans are stuck with small jobs with low wages, high student loans, and taxes. Most of these young Americans have large debts because of this. People started trying to find new jobs hoping it would work out better for them. Since these young adults have no money they put off getting married and starting families.
While this feature can be used to explain incidents and changes that have occurred within society there is still a large gap between the resources available to those who are considered lower class or underclass compared to those with wealth within the United Kingdom and according to The Guardian newspaper inequality has risen faster in Britain than in any other country since 1975. The family would be unable to access the resources that would be available to those in power due to their wealth and social status however due to these factors Conflict Theorists would suggest that they would never gain access to them as the “ruling classes” would continue to oppress the lower classes in order to keep the resources for
Abstract: “Employment promotion has dominated antipoverty policies in the United States over the last several decades. Increased employment, especially in low-wage jobs, has not generated economic stability for many parents and has brought to light uneasy tensions between increased earnings, less time with children, and reduced public supports that families face in moving up the economic ladder. We use data collected from 22 focus groups conducted with low- and moderate-income parents from four states and the District of Columbia to explore the ways in which parents make decisions about increasing hours of employment “ Body After all these years of having spent time with my children in their education, their growing covering all