4.2.1 absolute and relative poverty Flashcards
1
Q
definition of absolute poverty
A
cannot access the most basic, life sustaining goods and services
2
Q
definition of relative poverty
A
incomes below a given average in society
3
Q
definition of equity
A
fair distribution of income
4
Q
definition of equality
A
equal distribution of income
5
Q
causes of poverty
A
unemployment - cyclical and structural
poor education/skills
poor healthcare
tax cuts for the rich
wars and conflict