Poverty

Poverty

1. Absolute Poverty

   • Unable to meet basic needs
     • Food
     • Clean Water
     • Education
   • Living on less than $1.25 a day

2. Relative Poverty

   • Measured by comparison of country average
   • Below 60% of median incoe
   • One way of measuring income inequality

3. Causes of changes

   • Inequality in wages or unemployment
   • Welfare Payments
   • Taxes
   • Disease, malnutrition and health problems
   • War and conflict
   • Corruption
   • Natural disasters