Reference no: EM133604333

Exploring the impact of social class on families. . What does the Poverty Threshold Buy? (Seccombe 2.5) In the U.S., the 2023 poverty threshold for a family of four is $30,00 a year, which comes to $2,500 a month. This means that a family of four people - two parents and two children, or one parent and three children - are only counted as poor if they live on less than this amount. Let's see if this seems reasonable... Sample Expenses - Across the U.S. Sample Expenses - In the San Francisco Bay Area Rent (two-bedroom apartment and utilities): $1,200 ? Food and toiletries: $600 ? Childcare (for one child): $950 ? Health Care: $550 ? Clothing: $200 ? Transportation: $400 ? School Supplies: $25 ? Entertainment: $100 ? Laundry: $25 ? Miscellaneous: $200 ? Total: $4,100/month, or $49,200/year before taxes ? For the discussion board, go online to research how much the expenses listed above would cost in a specific city in the San Francisco Bay Area, for example in Oakland,Try to come up with numbers that would complete the column on the right. Provide: Share the numbers you came up with for your "Sample Expenses." How much do we think a family of four would need to survive in the San Francisco Bay Area? Where would families who are struggling to survive make cuts? In other words, what types of things would a family need to remove, or reduce, from their expenses? What would be the short term impact of making these cuts? And, what would be the long term impact of making these cuts? Apply one concept from Chapter 2 of What is Family that can be applied. explain how it applies.