Unit B5 - economic factors affecting development Flashcards
What is income
The amount of money earned or received
Where does income come from?
Income mainly comes from your wages, benefits from the government, profits from your business and money from invested wealth.
What is relative poverty?
If you can afford some but not all necessities this is known as relative poverty.
What is absolute poverty?
A lack of income may lead to a lack of resources such as necessities such as clothing and food, this is known as absolute poverty.
Which groups are likely to be on low income?
Individuals with disabilities
Single-parent families
Older adults
People who are unemployed
A family with a single earner
What did Paxton & Dixon state are the disadvantages of poverty?
Poorer individuals have an increased risk of dying.
Poverty is linked with being a victim of a crime.
Living in a poor community means you are more like to live in a polluted area.
More likely to be unemployed
Children growing up in poverty are more likely to underachieve in school
What is the difference between primary and secondary socialisation?
Primary Socialisation - This is your family, who you have the most direct contact with when you are young. They teach you basic social norms and values.
Secondary Socialisation - Individuals or groups you may encounter later in life such as peers, media and education and can provide social support and validation.
What is the definition of lifestyle?
A lifestyle is an individual’s way of living, this includes their living conditions, habits and behaviour.
