Instructions: Identify the Terms and Briefly State Their Historical Significance

question 15

Essay

Instructions: Identify the terms and briefly state their historical significance.
the Trung Sisters

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Definitions:

Developed Countries

Nations with high levels of industrialization, a higher standard of living, advanced technological infrastructure, and more complex economic systems compared to developing countries.

Poverty Line

An absolute level of income set by the federal government for each family size below which a family is deemed to be in poverty.

Absolute Standard

A measure or criterion that is not influenced by external factors and remains constant over time.

In-kind Transfers

Non-monetary goods and services provided by governments to individuals in need, such as food stamps or housing assistance.