Esse Chapter 1.2 Flashcards

1
Q

Poverty Puzzle

A

Combines the societal poverty line, international poverty line ($2.15 /day), lower-middle income line ($3.2/day), upper-middle income line ($5.8/day), within-household inequality, and multidimensional measures.

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2
Q

Least Developed Countries

A

Low income countries confronting severe structural impediment to sustainable development

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3
Q

Sustainable Development

A

Concentrated efforts towards building a inclusive, sustainable and resilient future for people and the planet

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4
Q

Development

A

Multidimensional process which consist in the improvement in the standard of living (welfare) of a society and all the people who are part of it. It goes beyond the GDP growth

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5
Q

Economic Growth

A

Sustained increases in material living standards over time

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