9014586
Description
Flashcards by Daisy Jones, updated more than 1 year ago
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Created by Daisy Jones
almost 7 years ago
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| Question | Answer |
| Define Poverty. | Individuals, households or groups of people whose resources are so limited as to exclude them from the minimum acceptable way of life in the country they are in. |
| What are the three economic measures of poverty? | GDP (gross domestic product)- measures value of services and goods sold in a country GNI (gross national income)- measure of income (GDP + net earnings from overseas) Poverty line- living on less than $1.25 a day |
| What are the positives about these economic measures? | Gives a good idea about the affordability of basic human needs Sometimes expressed with PPP which is easier to compare between countries |
| What are the negatives about these economic measures? | Do not account for quality of life Does not account for the 'informal economy' Oil rich nations have wealth but lacks democracy Some poor nations may have pretty good quality of life |
| What are two social measures of poverty and what are there positives and negatives? | Education (e.g. years in school) P-linked to an individuals earning potential N-often hard to measure the quality of this education Child Mortality (no. of child deaths/1000 live births) P-closely linked to poverty P-high income countries will have lower |
| What is an example of a composite measure and what are the positives and negatives of this measure? | Human Development Index P- accounts for social and economic factors P- allows for easy comparison P- allows countries to identify areas which need improvement N- one high measure can skew the overall N- fails to account for ecological factors |
| Describe the human development index. | composite measure measures= life expectancy, educational attainment, income (GNI) gives a figure from 0-1 |
| What does the Lorenz curve measure? | Inequality |
| What is relative poverty? | relates to household income of less than 60% of the median. - £13,800 (UK) |
| What are the causes |
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