Wealth Disparities | Impact Entrepreneur

Unpacking the “Poverty Penalty”

Unpacking the “Poverty Penalty”

by Ron Levin | Africa, Asia, Financial Inclusion, Global, Impact Economy, Impact Investing, North America, Racial Equity & Justice, Regions, SDG 1 - No Poverty, SDG 10 - Reduced Inequalities, SDGs

In a nation as affluent as the United States, with a gross domestic product per capita of $76,648 as of 2022, the topic of poverty might seem out of place. Yet, despite the nation’s wealth, the U.S. Census revealed that 12.8 percent of its citizens, amounting to...