People who do not have enough income to participate fully in the society in which they live. It will vary according to the standard of living at the time
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What is absoulte poverty?
Not having enough income to provide the basic necessities and survive
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How does the UK government and EU define the poverty line?
60% of the median household income, after housing costs have been paid; households receiving less than this are classified as in poverty - amounts to £250
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How does the World Bank measure extreme poverty?
All those living on US$1.25 a day or less - 1 billion people
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What is a common measurement of poverty in developing countries?
All those living on $2 or less per day - 2.2 billlion people
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How does the Global Multidimensional Poverty Index measure poverty?
It brings together 10 indicators including safe water, sanitation, child mortality, education and health
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What is the Gini coefficient?
It provides an objective measure of income inequality and can range from 0 to 1. A coefficient of 0 would be income is shared equally and 1 would mean one person in the population has all the income
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Other cards in this set
Card 2
Front
What is absoulte poverty?
Back
Not having enough income to provide the basic necessities and survive
Card 3
Front
How does the UK government and EU define the poverty line?
Back
Card 4
Front
How does the World Bank measure extreme poverty?
Back
Card 5
Front
What is a common measurement of poverty in developing countries?
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