Researchers Are Conducting a Review of the "War Against Poverty

question 56

Essay

Researchers are conducting a review of the "war against poverty" in the latter half of the twentieth century. As part of their analysis, the proportion of Americans under the age of 18 who lived below the poverty line for each of the years 1959 through 2000 is used to generate the following time series plot.
​ How successful was the United States in its efforts to win "the war against poverty" for the nation's children during this time period?

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Definitions:

White-Label Goods

Products produced by one company that another company rebrands to appear as if they had made it.

Import Tariffs

Taxes imposed by a government on goods and services imported into a country.

Joint Ventures

A business arrangement in which two or more parties agree to pool their resources for the purpose of accomplishing a specific task.

Global Market

The international trading system comprising of buyers and sellers from different countries, facilitating the exchange of goods, services, and capital across borders.