A new way to measure poverty shows the US falling behind Europe 😔
Euronews.com
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Olivier Sterck, an economist at Oxford, introduces a new measure of poverty called 'average poverty', which reveals that poverty in the US is significantly higher than in Europe, despite higher average incomes. The time needed to earn $1 is 63 minutes in the US compared to 26 minutes in Germany, indicating a growing inequality in the US. Since 1990, average poverty in the US has increased due to rising inequality, while it has declined in Europe.Személyek
pozitív, negatív, semleges szavak
challenging
poorest
higher
unequal
sharp
new
average
strong
inclusive
distribution-sensitive
decomposable