Barbara Ehrenreich Studied the Working Poor, People with Service Jobs

question 47

Multiple Choice

Barbara Ehrenreich studied the working poor, people with service jobs that paid mostly minimum wage or slightly more. Based on your study of poverty, what do you think she recommended that such workers do to move out of poverty?

• A) that they save at least 10 percent of their paychecks every month
• B) that they avoid having children
• C) that they go back to school
• D) nothing, because there are few ways for them to move out of poverty
• E) that they develop a personal relationship with someone in a higher socioeconomic class

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Definitions:

Trusts

Trusts are legal arrangements where assets are held by one party for the benefit of another, often used for estate planning, tax reduction, and wealth management purposes.

Complete Liquidation

The method of shutting down a company through the sale of all its assets, settling debts with creditors, and allocating any leftover assets among shareholders.

Ownership Interest

A stake or share in an asset or entity, giving the holder a claim to a portion of its value or profits.

Cash Received

Income or revenue received in the form of cash, including physical currency, checks, and digital transfers.