Poverty in the United States of America.

 

 

 

 

Write a 4-5 page research paper about poverty in the United States of America. One or more of the following paper topics should be addressed: 1) Critically discuss what is meant by the term poverty. Tell me why you think the way you do and provide evidence to support your argument. 2) Describe the demographic composition of the poor in America today and describe how poverty has changed over time in the United States. Provide evidence to support your argument. 3) What do you think causes poverty in America? Provide evidence to support your argument. Also critically discuss the theories that Sociologists use to explain the causes of poverty. Tell me why you think these theories can or cannot explain poverty and rising inequality in the United States.

Sample Solution

Poverty in the United States of America

Poverty is a global problem. Poverty is a state or condition in which a person or community lacks the financial resources and essentials for a minimum standard of living. Poverty means that the income level from employment is so low that basic human needs can’t be met. Poverty is being sick and not being able to see a doctor, not having a job, is fear for the future, and living one day at a time. What causes poverty in the first place? Lack of good jobs/job growth; lack of good education; warfare/conflict – productivity suffers as well as a country`s GDP; weather/climate change; social injustice – whether it is gender discrimination, racism, or other forms of social injustice, poverty follows; and lack of government support – to combat many of the issues of poverty, the government needs to be involved.

The notorious, and anonymous Satoshi Nakamoto created the first blockchain use-case. Ever since its inception in 2009, its underlying technology has been studied and used to create new types of blockchain products. It all started with Bitcoin. It’s quickly becoming closer to a global currency than ever before.

Bitcoin’s development is led by Bitcoin Core developer Wladimir J. van der Laan, who took over the role on April 8, 2014. Bitcoin’s changes are decided democratically by the community.

Ethereum

Similar to Bitcoin, Ether is a digital currency used for operating smart contracts on the Ethereum blockchain. Ethereum is a revolutionary platform which brought the entire concept of “Smart Contracts” into existence. Smart Contracts are pieces of software with rules coded into it, they are encrypted and secured in the Ethereum blockchain, making it impossible for them to be duplicated or stolen. These Smart Contracts create the possibility to exchange any asset with no middleman involved, you would be able to sell or buy property without having to spend money on a broker.

Ethereum is the name of the platform, while Ether is the token used in the network’s transactions. Larger than any other blockchain, there are now over 200,000 developers working to make companies, products, and smart contracts on the network. The founder, and icon of Ethereum, Vitalik Buterin has been called the “face of blockchain”. His ideas and expertise in cryptography has influenced a global community of developers.

Bitcoin Cash

Bitcoin Cash was created to address scalability issues that Bitcoin currently faces. As a fork of the Bitcoin code, Bitcoin Cash is an different version of the Bitcoin Core software which aims for faster, cheaper, and more reliable to use than Bitcoin for payments. The blocksize has been increased from 1mb to 8mb in order to process larger volumes of transactions per second, ensuring no delays and speed to compete with companies such as Paypal and Visa. With the increase in block size comes and increase in centralization of mining, making Bitcoin Cash less secure than Bitcoin. Outside of mining, Bitcoin Cash has no central points of authority, meaning users will always be in control of their cash

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