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  • Under this measure, overall poverty fell from 26 percent to 16 percent between 1967 and 2012, it fell among children from 29 percent to 19 percent, and it fell among the elderly from 47 percent to 15 percent. (The researchers also measured poverty using a different poverty line that???s based on what people spent for basic necessities such as food and shelter in different years, rather than based
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