Poverty Flashcards
Pverty CausesPersonal laziness, lack of work skills, low income, death of wage-earner
Inadequate education
Lack of equal opportunities in society
Unfair distribution of of wealth
Effects:higher rates of crime Mental problems Despair Dimineshed intellectual capabilities School dropouts Child abuse
Suggestions to address poverty:
To establish employment opportunities fir low-income families
To develop entrepreneurship schemes
Eradicate inequalities
Population growth is a long term solution
Money given to unemployed-sick
Family-income support
Extreme poverty; Abject poverty
Absolute poverty
Rising gas costs have pushed more families into fuel poverty.
Fuel poverty:
the condition of having too little money to be able to keep your home warm
My grandparents arrived in this country as poverty-stricken immigrants.
Some beggars are neither poverty-stricken nor homeless.
There are few jobs for the peasants who have flooded into the cities from the poverty-stricken countryside in search of work.
Poverty stricken:
Extremely poor
The state of being extremely poor
Abject poverty
The level of income compared to everyday items
Cost of living
be/become/be declared insolvent This May the firm was declared insolvent and its operations were shut down.
Currently, companies must be insolvent in order to go into administration.
The bank was technically insolvent - it listed assets of $16.5 million and liabilities of $18.5 million.
Insolvency insolvent:
Not having enough money to pay debts, buy goods, etc.
Bankruptcy
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Miminum level of income
Poverty line
Great unhappiness
Misery, suffering, hardship
People protested in the streets against austerity.
The government today announced new austerity measures.
Austerity: bad economic conditions
a difficult economic situation caused by a government reducing the amount of money it spends
The state of being very poor
Destitution
Indigence
Penury
Deprivation
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