4.2 Poverty and inequality Flashcards
1
Q
a) Distinction between absolute poverty and relative
poverty
A
2
Q
b) Measures of absolute poverty and relative poverty
A
3
Q
c) Causes of changes in absolute poverty and relative
poverty
A
4
Q
a) Distinction between wealth and income inequality
A
5
Q
b) Measurements of income inequality:
o the Lorenz curve (diagrammatic analysis)
o the Gini coefficient
A
6
Q
c) Causes of income and wealth inequality within countries
and between countries
A
7
Q
d) Impact of economic change and development on
inequality
A
8
Q
e) Significance of capitalism for inequality
A
