Poverty and inequality

Question 1

Wealth inequality

Answer 1

Richest 1% £3.6 million, poorest 10% £12,802 per person of wealth

Question 2

Income inequality

Answer 2

Income disparity between the poorest 10% and median income is about 27,000 in the UK in 2021-2022.

Question 3

Causes of inequality now + 1 consoquence?

Answer 3

• Health and income- Hospital admissions resulting in nutrition related diagnoses in England increased by more than 39% over the past decade.
• Auserity- spendnig cuts in 2010- low productivity, low economic growth.
• Wealth inequality- High cost of living- top 20% had 37% increase in wealth, bottom 40% had 0% increase in wealth from increasing house prices
• Pensioner inequality- increased
• Cost of living- travel, student loans increased

Question 4

Link between poverty and poor health

Answer 4

15% of households report food insecurity has increased- many families are failing to purchase healthy foods. This has led to poor nutrition levels- Hospital admissions in England increased by more than 39% over the past decade. Life expectancy has reduced and healthy life expectancy has reduced over the years.