Material WellBeing

Presented By: Lauren, Trace, Sai, Nikki & Kenneth

Material Well-Being
Material wellbeing is measured through income, consumption

patterns or assets/wealth. In developing countries assets of poor people often include land of livestock. No unique definition exists but the concept is most often thought as representing the stock of wealth used to generate wellbeing.

Definition of Well-Being:
A feeling of being comfortable, healthy, and happy. The well-being of a country is the state in which it is strong and

doing well.

Material Well-Being

Material Well-Being
These quotes from renowned researchers have three things that

all of them can be classified into:

1. The general definitions do not detail the possible components

of well-being.
2. The component definitions break down well-being into its

constituent parts, dimensions or domains, or only identify key characteristics considered essential to evaluate well-being.
3. The definitions either explicitly or implicitly refer to just one or a

few components of well-being.

OECDs (Oragnisation for Economic Co-operation and Development) explanation of Material Well-Being

The OECD came up with three pillars for understanding and measuring peoples well-being.
consumption possibilities and their command over resources.

1. Material living conditions (or economic well-being) which determine peoples 2. Quality of life, which is defined as the set of non-monetary attributes of individuals

that shapes their opportunities and life chances, and has intrinsic value under different cultures and contexts.

3. The sustainability of the socio-economic and natural systems where people live

and work, which is important for well-being to last over time. Sustainability depends on how current human activities impact on the stocks of different types of capital (natural, economic, human and social) that underpin well-being.

Material Well-Being Sub-Categories

Material Well-Being
Our Definition: Material Well-Being can be defined by three factors, individual sustainability, quality of life, and opportunities and life chances for individuals to further ones sustainability and success.

Income/Housing
One in five kids

have lived under the poverty line choice

Less income-less

One child-one

room is a Want

Educational Funding
State Income & Resources
Property taxes

California is progressive

49% of California school districts have

20% or higher concentrations of poor students in the district

Education
10% Income Increase
0.2% to

2% school years completed

Income Effects Education

Most from 0 5 Other Factors:

Parental Education Family Structure Neighborhood Characteristics

Quality of Education

Education
Common Core Math English GATE Program
Bad Start Little to No Help

Statistics
Study based on 8 educations

items 1.3 educational gap 19.2% disadvantage from missing items Inequality in literacy Reading - missing Math 13th Science 24th

Success & Resources

Parents Education & Computers
Non-high school graduates 45.1% High school graduates 67.1% Some college 82.3% Bach 92.6 %

Higher Education
College Acceptance Requirements
Minimal College Qualifications High School Graduation

Apply
1988 8th Grade Study 81% Completed Requirements

1 Out of 10 Attended College

Effects of Wealth on Health

On a National Level
Poverty rates of > 35%

have obesity rates 145% greater How is poverty linked to obesity? lack of fresh food lack of healthy options that are affordable "food insecurity

Health Insurance
4.2 million uninsured

Americans over 55 years old

64% make under $50,000/year

In 2009 27% Americans

uninsured
Income < $25,000

Apparent positive

correlation between poverty and lack of health insurance

Ways to Be Healthy
Gym membership costs CrossFit: $175-$200/month 24H Fitness: $27-$75/month LA Fitness: $30/month Alternatives? Outdoor exercise? safety as an issue in poor neighborhoods $25,000+ income, 14.5% feel unsafe to exercise outdoors $15,000 - $25,000 income, 26.2% feel unsafe to exercise outdoors <$15,000 income, 30.6% feel unsafe to exercise outdoors

Effects on Children Growing Up in America

Children see, children do

Family Relationships

Conclusion

Conclusion
P

Too Small to Fail

References

www.wikiprogress.org/index.php/Material_Well-Being http://www.ldoceonline.com/dictionary/well-being http://www.oecd.org/statistics/OECD-ICW-Framework-Chapter2.pdf http://aje.oxfordjournals.org/content/173/2/192.full http://insight.kellogg.northwestern.edu/article/the_effects_of_health_on_wealth/ http://diabetes.diabetesjournals.org/content/60/11/2667.full http://www.crossfitriverside.com/ http://www.lafitness.com/Pages/Default.aspx http://www.24hourfitness.com/PromoOfferHome.action?promoCode=AFFILIATE https://www.youtube.com/watch?v=7MJnm5X9NN0 http://ideas.repec.org/p/ucf/inreca/inreca619.html#download http://www.unicef-irc.org/publications/pdf/rc9_eng.pdf http://www.oecd.org/statistics/OECD-ICW-Framework-Chapter2.pdf http://digitalcommons.calpoly.edu/cgi/viewcontent.cgi?article=1002&context=psycd_fac&seiredir=1&referer=http%3A%2F%2Fwww.google.com%2Furl%3Fsa%3Dt%26rct%3Dj%26q%3Deduca tional%2520resources%2520amongst%2520children%2520in%2520poverty%26source%3Dweb%26 cd%3D3%26ved%3D0CDoQFjAC%26url%3Dhttp%253A%252F%252Fdigitalcommons.calpoly.edu% 252Fcgi%252Fviewcontent.cgi%253Farticle%253D1002%2526context%253Dpsycd_fac%26ei%3DcR pUU92JFc6GyATBIHYBQ%26usg%3DAFQjCNEypRtMYq6_mYYj0at8kvxSXHtGDQ%26sig2%3DSFXbUS0LjKZlpBkXk eLOTw#search=%22educational%20resources%20amongst%20children%20poverty%22

http://www.princeton.edu/futureofchildren/publications/docs/07_02_ 03.pdf
http://www.ncbi.nlm.nih.gov/pmc/articles/PMC2528798/
http://link.springer.com/article/10.1023/A:1026520002362

http://www.schoolfundingfairness.org/

Questions