4.2 - Poverty Flashcards
What is poverty?
Pronounced deprivation in wellbeing
What does poverty include?
Low incomes
Inability to acquire basic G+S necessary to survive with dignity
What are the 2 types of poverty?
Absolute
Relative
What are the 3 human domains affected by poverty?
Physical economic + mental wellbeing
What is absolute poverty?
Inability to obtain adequate resources to sustain minimum level of physical health
What is relative poverty?
Inability to enjoy certain living standard enjoyed by majority of population
What is the International Poverty Line?
Income level established by World Bank as determinant of global poverty
$2.15 per day
Where is absolute poverty most prominent?
Central Africa
SE Asia
Brazil - Inequality
What is the quantitative threshold for relative poverty?
50% below average household income