Economic Change And Social Inequality Flashcards
Key term: social inequality
The uneven distribution of resources, opportunities and rewards causing different groups in society.
What are the factors contributing to social inequality?
Factors such as Housing, Healthcare, Education, Income (employment) and Access to Services
Key Term: quality of life meaning?
The general well-being of an individual or population
For example: are the social, psychological and physical needs of an indivisible being met?
Quality of life ‘syccess criteria’ - how is it measured?
Do I have access to good education and leisure, can I meet my basic material and physical needs?
Natural and living environment, overall experience of life, material living conditions, productive or main activity, education, health, leisure and social interactions, sec ionic and physical safety, governance and basic rights
Key term: standard of living meaning?
Primarily based on income and what that level of income will allow a person to buy in the way of necessities and luxury goods
Key term: poverty meaning
Poverty is not having enough money to support a decent standard of living
So UK vs Malawi
In UK you are considered poor if you are living on less than 60% of your average income
Median for individual (£494 p/w)
Relative poverty = £296 p/w (60% of weekly income)
Key term: absolute poverty meaning?
Where household income is below a necessary level to maintain basic living standards (food, shelter, housing)
World bank considers less than $1.25 a day is absolute poverty
(Ie. Transport - walking, cooking - fire, water - river)
High standard of living does not always mean high quality of life, why?
An investment banker might have a high standard of living because he earns a high salary however quality of life is not always about income. He may have a very stressful job, not able to see his family because he works 85 hours a week so therefore his high standard of living does not mean he has a high quality of life.
Key term: deprivation meaning?
A lack of resources and opportunities for individuals and areas (this is partly to do with income and poverty which income is linked to this but it’s also due to the lack of resources and opportunities available for individuals and areas.
What are the 7 domains of deprivation? (Included in the index)
Income, employment, education, Health, living environment, crime, barriers to housing and services
