5.2 poverty Flashcards
poverty
condition in which a person is unable to satisfy basic needs such as food, clean drinking water, proper sanitation, shelter, education
absolute poverty
condition in which people can’t fulfill the most basic necessities for survival
relative poverty
condition in which a person cannot sustain the same standard of living as others in the same society
Causes of poverty
-unemployment
-low wages
-illness
-age
dependence on commodity ecpostys
- lack of foreign direct investment
-high public debt
pollicies to allivate poverty and redistribution of income
1.sustained development goals SDGS
2.promoting economic goals
3.progressive taxation
4.providing state benefits
imporving education
5.introduction of min wage