The largest government program aimed exclusively at helping the poor is __________.(LO6) a) the Earned Income Tax Credit b) public assistance c) food stamps d) Social Security

Short Answer

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The largest government program aimed exclusively at helping the poor is (b) public assistance.

Step by step solution

01

Identify the Topic

The topic of this exercise centers around government programs that help the poor. The goal is to identify the largest, so it's important to have or gather some information about each option.
02

Review Each Option

Research or recall what each program does and to what extent: a) The Earned Income Tax Credit - It provides a refundable tax credit to low-moderate income working individuals and couples, particularly those with children. It's a major tool to reduce poverty. b) Public assistance - This is a general term for government aid to the poor. It could take the form of medical aid, food assistance, housing subsidies, etc. c) Food stamps - Now known as the Supplemental Nutrition Assistance Program (SNAP), this government initiative provides eligible low-income individuals with assistance for purchasing food. d) Social Security - This is a federal insurance program that provides benefits to retirees, disabled people, and their survivors. Though it does help individuals who would fall within the low-income bracket, the benefits are not exclusive to them and are based on a person's work history and contributions.
03

Choose the Correct Answer

Based on the information on each program, the largest government program that is aimed exclusively at helping the poor should be option (b) public assistance. Public assistance comprises multiple programs that aid the poor, making it a larger umbrella of aid. While other programs like the Earned Income Tax Credit and Food Stamps (SNAP) do aim to help low-income individuals, these are subsets under public assistance. Social Security, meanwhile, benefits a range of individuals including, but not exclusive to, the poor.

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Most popular questions from this chapter

Which statement is true? \((\mathrm{LO6}, 9)\) a) Over 90 percent of the families receiving public assistance are headed by people who are employed. b) Nearly 90 percent of those in the workforce earn at least \(\$ 10\) an hour. c) The welfare rolls are much lower today than they were in \(1994 .\) d) If every adult on welfare were willing to work, we could cut the number of welfare families by over 75 percent.

It would not be reasonable to say that poor people are __________.(LO5) a) grudgingly tolerated by society's "productive" members b) largely superfluous to our socioeconomic system c) basically self-supporting d) poor for a variety of reasons

Which of the following people would stand the least chance of being poor during her or his lifetime? (LO11) a) someone with less than 12 years of education b) someone with more than 12 years of education c) someone white d) someone black

The dividing line between the 1 percent and the 99 percent is an annual income of __________. (LO11) a) \(\$ 100,000\) b) \(\$ 400,000\) c) \(\$ 1\) million d) \(\$ 5\) million e) \(\$ 1\) billion

Which statement is the most accurate? (LO6) a) Because of the efforts of the Veterans Administration, only a handful of veterans are homeless. b) Most military families have to get by on food stamps and help from food pantries and soup kitchens. c) Military pay is high enough to keep virtually all military families well above the official poverty line. d) Although nearly all of our leading politicians wear American flag lapel pins, they do not provide enough economic support to our troops, so many military families are in severe financial difficulty.

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