The Official Poverty Level Is Based on

question 272

Multiple Choice

The official poverty level is based on

• A) total net worth.
• B) pretax income, and includes cash subsidies but does not include in-kind subsidies such as food stamps.
• C) after-tax income, and includes both cash and in-kind government subsidies.
• D) wages and salaries, plus any unreported amounts of income from the underground economy.

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Definitions:

Aztec World

A term referring to the social, political, and cultural systems of the Aztec civilization, which flourished in central Mexico prior to the Spanish conquest in the 16th century.

Settled Agriculture

The practice of farming on permanent plots of land, allowing for the development of more stable and sustainable agricultural communities.

Complex Civilizations

Societies with highly developed cultural, political, and economic systems, characterized by urban development, social stratification, and forms of government.

Accumulating Wealth

The process of amassing resources or assets of value over time, typically for the purpose of securing financial stability or achieving economic power.