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Values Represent Those Short-Term Beliefs People Hold Regarding What Is

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Values represent those short-term beliefs people hold regarding what is important in life.


Definitions:

Highest Quintile

Refers to the top 20% of the population sorted by income or wealth, indicating those with the highest levels of each.

Welfare Reform Act

Legislation aimed at changing the welfare system by encouraging work, limiting the duration of benefits, and supporting families.

Poverty Rate

The poverty rate measures the proportion of a population living below the poverty line, indicating the percentage of people whose income falls below a threshold necessary for basic living standards.

Poverty Rate

The percentage of the population that lives below the national poverty line, indicating the proportion of individuals or families with income levels insufficient to meet basic living expenses.

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