Poverty In Britain Flashcards

1
Q

Keyword: Wealth

A

A large amount of money or investment

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2
Q

Keyword: Poverty

A

Being without money, food or other basic needs.

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3
Q

Keyword: Debt

A

Situation where a person or organisation owes more money than they possess.

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4
Q

Keyword: Inheritance

A

Being left money or property in a will when someone dies.

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5
Q

Keyword: Fat Cat Salaries

A

Large amounts of money earned, or bonus’ or shares.

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6
Q

Keyword: Poverty Trap

A

Not being able to stop being poor.

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7
Q

Keyword: Minimum Wage

A

The legal minimum amount which must be paid to a worker in the UK.

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8
Q

Keyword: Charity

A

Giving to the needy - an organisation that does not work for profit, but to help others.

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9
Q

Keyword: National Lottery

A

State run gambling where over 16’s can choose numbers arch week. It offers large prizes but also gives a lot of money to charity.

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10
Q

Christian quotes

A

You cannot serve both God and money.
Love Thy Neighbour.
The parable of the sheep and the goats.
The love of money is the root of all evil.
The parable of the talents.
It is easier for a camel to go through the eye of a needle than for a rich man to enter heaven

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11
Q

Muslim quotes

A

Richness does not lie in abundance of worldly goods but in a contented mind.
He who eats whilst his brother is hungry is not one of us.
Of their goods, take zakat, so that you might purify and sanctify them.

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12
Q

Joseph Fletcher quote

A

Do the most loving thing.

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13
Q

What is absolute poverty?

A

People not having enough income to ensure food shelter clothing and good health.

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14
Q

What is relative poverty?

A

People being poor compared to the others around them.

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15
Q

In Britain who is considered in poverty?

A

Anyone earning less than half the average wage.

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16
Q

What is the Parable of the Talents?

A

A master gave his three servants a sum of money. Two of the servants invested the money wisely and doubled it.The third servant buried his money in the ground so that he didn’t lose any. When the master came home he was angry at thr third for not using his money wisely.

17
Q

What does the parable of the talents tell Christians about money?

A

That money should be spent wisely and invested to help others.

18
Q

what does the quote “No one can serve two Masters you cannot serve both God and money” mean?

A

Putting money before god is wrong.

19
Q

what does the quote “Love Thy Neighbour” mean?

A

We have a responsibility to use our money to help others less fortunate than us.

20
Q

What does the quotation “He who eats and drinks whilst his brother goes hungry is not one of us” mean?

A

Muslims believe that money is a gift from allah and should be used to help those in need.

21
Q

What do all Muslims give every year?

A

Zakat which is 2.5% of their savings to the poor. They believe that if they do this the rest of the money will be purified and clean.

22
Q

What does the quote “No one is better food than that which they have earned with their own labours mean?

A

All money should be earned and not one or gained from interest.

23
Q

What are five legal ways in which a person can become wealthy?

A
  1. Some are born rich
  2. Marry into wealth
  3. Inherit wealth
  4. Win lots of money in the lottery.
  5. Work hard.
24
Q

What are the 4 reasons for people being poor?

A

Unemployment
Low wages
Wasteful spending
Debt

25
Q

facts about unemployment.

A

2 million people unemployed in Britain.

Illness prevents people from working.

26
Q

How does homelessness cause the cycle of poverty?

A

People don’t want to employ homeless people so they cannot get a job or claim benefits so they can’t afford a home so they cannot get a job…

27
Q

Why are people earning low wages?

A

Their jobs don’t require great skill.

28
Q

Why does wasteful spending need 2 people being poor?

A

People spend too much on luxuries leaving little for essentials.

29
Q

Why do people get into debt?

A

Poor Financial Management.

30
Q

How do people become in debt?

A

Take out short term loans which charge large interest rates
Have a high mortgage.
Make the wrong investment.
Spend a lot on a credit card with high interest rate.