SOC100H5 Lecture Notes - Lecture 4: Insider Trading, Progressive Tax, Human Capital

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SOC100H5 Full Course Notes
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Relative - compared to people around you vs absolute measure of poverty. Threshold below which a family will devote a larger share of its income to necessities. What shapes poverty? family structure odds better with two parents both with education and good careers (well-paying jobs) What type of school you attend based on for ex. ranking. Getting people to be more driven, ambitious/motivated in different aspects. If you are born poor do you learn to be poor 9adjust to lifestyle), or attempt to alter the pathway that has been mapped for them ex. Parents are poor, living conditions are poor, no money/food, etc. People are poor because they do not want to work. Even when working cans till be under low-income cut off. People who are disabled is easier to stay on social assistance. Only applies to recent immigrants and only comprise a small portion of the population. Moving up or down among the different social classes ex.

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