What is the conventional, individualist, and neoclassical argument regarding the cause of individual poverty?
Introduction: Describe what the assigned article is about and what you are going to write inthe essay. Main body: Discuss the following three questions in your own words.(a) Find recent empirical data illustrating poverty in the US. Why should we be concerned aboutthe current state of poverty in the US?(b) What is the conventional, individualist, and neoclassical argument regarding the cause ofindividual poverty? Do you think this argument is convincing? Why or why not? Whatcould be done to reduce poverty if the neoclassical argument is correct?(c) Henry argues that an individuals bad decision cannot be the cause of poverty (althoughit could be one of many causes). From Henrys viewpoint, what is a more important andstructural cause of poverty? Do you think Henrys argument is convincing? Why or why not?Provide some evidence to support your response to Henrys argument. Conclusion: Summarize your essay.
