Poverty Flashcards

1
Q

Is the deprivation of food, shelter, money and clothing when people can’t satisfy their basic needs.

A

Poverty

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
2
Q

Lack of money or more broadly in terms of barriers to every day human life

A

Poverty

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
3
Q

According to ____________, Poverty also involve social disintegration and environmental degradation which describe as forming the threefold human crisis in the world today.

A

David Kurten

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
4
Q

It refers to the state of severe deprivation of basic human needs

A

Absolute Poverty

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
5
Q

It is defined contextually as economic inequality in location or society in which people live.

A

Relative Poverty

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
6
Q

Factors that poor people identify as part of poverty.

A

Precious livelihood
Excluded location
Physical limitation
Gender relationship
Lack of security
Problems in social relationship
Weak community organization
Limited capabilities

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
7
Q

It is a graphical representation of cumulative distribution function of empirical probability distribution of wealth. Developed by Max O. Lorenz in 1905 for representing inequality of the wealth distribution.

A

Lorenz Curve

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
8
Q

It is the minimum level of income deemed adequate in a given country.

A

Poverty line or Poverty threshold

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
9
Q

Characteristics of Poverty

A

Health
Hunger
Housing
Education
Violence

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
10
Q

It simply measures the proportion of the population that is counted as poor.

A

Head Count Index

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
11
Q

It is a measure of the intensity of poverty. It estimates the depth of poverty by considering how far, on the average, the poor are from that poverty line.

A

Poverty Gap Index

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
12
Q

It is calculated by averaging the squared poverty gap ratio. Also known as poverty severity index or is related to poverty gap index.

A

Squared Poverty Gap Index

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
13
Q

Characterized by those disadvantaged in basic living.

A

Extreme Poverty

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
14
Q

The most common measure of poverty.

A

Poverty Rate

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
15
Q

Further classification ofthe part below the poverty line suffering from extreme hunger called _________.

A

Subsistence Incidence.

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
16
Q

The uneven distribution of accumulated assets after deducting the liabilities.

A

Wealth inequality

17
Q

It is income distributed in an uneven manner.

A

Income inequality

18
Q

Is the percentage of families or individuals with per capita income or expenditure less than the per capita poverty threshold to the total of families.

A

Poverty Incidence

19
Q

Is seen to be inevitable where there is a system of means-tested social security benefits, the situation where a slight increase is earnings leads to an individual or family being worse off overall as a consequence of losing entitlement to other benefits.

A

Poverty Trap

20
Q

Poverty Reduction

A

Cash Transfer
In-Kind Transfers
Work Incentives
Minimum Wage Law
Adjust Tax Code
Sustainable Development Goals

21
Q

The inequality gap in curve line is called ___________, a scalar metric of inequality that was produced by Corrado Gini, who further enhanced the Lorenz curve.

A

Gini Coefficient