U1 Income and wealth inequality Flashcards
1
Q
Biological sex
A
Every £1 a man earns a woman earns 90p
2
Q
Age
A
Poverty rate for children is 24%, poverty rate for OAP’s is 15%
3
Q
Unemployment
A
Households where no one is working poverty rate is 50%, households where they work part-time is 23% and households with full-time work is 10%
4
Q
Low Pay
A
National Living Wage £10.42, Real Living Wage (the minimum needed to stay out of poverty) £10.90
5
Q
Geographical information
A
In Scotland higher education is free, but in England students can pay up to £9,250 for their degree
6
Q
Education and skills
A
40% of the UK population who experience poverty have no formal qualifications