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

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2
Q

definition of relative poverty

A

incomes below a given average in society

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3
Q

definition of equity

A

fair distribution of income

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4
Q

definition of equality

A

equal distribution of income

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5
Q

causes of poverty

A

unemployment - cyclical and structural

poor education/skills

poor healthcare

tax cuts for the rich

wars and conflict

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