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The following timeline outlines the legal inception of the European Union (EU)—the principal framework for this unification. The EU inherited many of its present responsibilities from the European Communities (EC), which were founded in the 1950s in the spirit of the Schuman Declaration.
The graph on the right shows the reduction in inequality (as measured by the Gini index) after taking account of taxes and transfers, that is, to which extent does each social model reduce poverty without taking into account the reduction in poverty provoked by taxes and transfers. The level of social expenditures is an indicator of the ...
Poverty in France has fallen by 60% over thirty years. Although it affected 15% of the population in 1970, in 2001 only 6.1% (or 3.7 million people) were below the poverty line (which, according to INSEE 's criteria, is half of the median income ).
Change in per capita GDP of France, 1820–2018. Figures are inflation-adjusted to 2011 international dollars. The economic history of France involves major events and trends, including the elaboration and extension of the seigneurial economic system (including the enserfment of peasants) in the medieval Kingdom of France, the development of the French colonial empire in the early modern ...
Number in Poverty and Poverty Rate: 1959 to 2017. The US. In the United States, poverty has both social and political implications. Based on poverty measures used by the Census Bureau (which exclude non-cash factors such as food stamps or medical care or public housing) America had 37 million people in poverty in 2023; this is 11 percent of population. [1]
The main poverty line used in the Organisation of Economic Cooperation and Development (OECD) and the European Union (EU) is based on "economic distance", a level of income set at 60% of the median household income. [44] The United States federal government typically regulates this line to three times the cost of an adequate meal. [45]
Poverty is widely understood to be multidimensional, comprising social, natural and economic factors situated within wider socio-political processes. The main poverty line used in the OECD and the European Union is a relative poverty measure based on 60% of the median household income. The United States uses a poverty measure based on the U.S ...
Its government was established by William Penn in about 1682 to become primarily a refuge for persecuted English Quakers, but others were welcomed. Baptists, German and Swiss Protestants, and Anabaptists also flocked to Pennsylvania. The lure of cheap land, religious freedom and the right to improve themselves with their own hand was very ...