income

Question 1

what can income be measured by

Answer 1

GNI, GDP, prop of population under poverty line

Question 2

define: Gross national income

Answer 2

total income generated by a country in a 12 month period once expenses owing to other countries have been paid.

Question 3

define: gross domestic product

Answer 3

value of all goods and services produced by a country in a 12 month period.

Question 4

define: absolute poverty

Answer 4

earning less than US$1.25 a day

Question 5

define:relative poverty

Answer 5

living on less than 50% of a country’s average income

Question 6

problem with using GDP and GNI?

Answer 6

income isnt distributed evenly.

Question 7

define: poverty

Answer 7

lack of access to resources, usually due to lack of money

Question 8

effects of poverty

Answer 8

can’t afford food –> malnutrition –> weaker immune systems –> more susceptible to communicbale disease disease.
can’t afford healthcare (immunisation)
can’t get education
can’t get clean water/sanitiatoin - water borne diseases like diarrhoea.
higher rates of maternal mortaility - > can’t afford heealthcare, nutritious food, education
higher u%mr - can’t afford immunisation, food, clean water, healthcare.