Poverty

Question 1

What is destitution?

Answer 1

Absolute poverty

Question 2

What is the definition of absolute poverty?

Answer 2

When a household does not have sufficient income to sustain even a basic acceptable standard of living / meet basic needs

Question 3

What is the definition of relative poverty?

Answer 3

A level of household income that is considerably lower than the median level of income within a country

Question 4

What is the official poverty line (not the number)?

Answer 4

An income level that is considered minimally sufficient to sustain a family in terms of food, housing, clothing, medical needs, and so on

Question 5

Give two policies which could reduce poverty.

Answer 5

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Reduce Unemployment​

Progressive Taxes / Cuts in Regressive Taxes​

Means-Tested Benefits​

National Minimum / Living Wage​

Benefits In Kind – Better Funded Public Services​

Universal Basic Income