4.2 - Causes + Reductions of Poverty Flashcards
What are the 6 factors which affect poverty?
Environmental
Governance
Economics
Health Care
Demographics
Social Factors
What are the environmental causes of poverty?
Access to resources
Climate - Drought etc.
Resource Curse
What is the resource curse?
Nations with abundance of natural resources have reduced growth, democracy + development outcomes
How does governance affect poverty?
Corruption
Democracy
Provision of public services
Welfare state
Which main economic variables affect poverty?
Unemployment
Capital flight
Inflation
Rent
Economic participation
How does health care affect poverty?
Disease prominence
Labour activity rates
Public/Private?
Debt
How do demographics affect poverty?
Overpopulation
Fertility rates
Pressure on services
Ageing population
Productivity
How do social factors affect poverty?
Crime
Education
Discrimination/Segregation
History - Colonialism etc
How can policy be used to reduce absolute poverty?
Education spending
Aid
Economic diversification
Why may aid be a counter-productive method of reducing poverty?
Dependency
Reliance on external finances
Corruption
Which policies are used to correct relative poverty?
Progressive tax
Benefits
National min wage/living standard
Employment incentives
Universal credit
What is Universal Credit?
Financial support for those with disabilities, carers, restrictive illness
Supports costs of housing, kids etc.