Poverty & Inequality
1 Poverty
a) The distinction between absolute and relative poverty.
b) Measures of absolute and relative poverty.
c) Causes of changes in absolute and relative poverty:
• economic growth
• education and training
• welfare benefits
• changes in tax structure
• structural changes in the economy
• aid • civil wars and conflict.
2 Inequality
a) The distinction between wealth inequality and income inequality.
b) Measurements of inequality:
• the Lorenz curve
• the Gini coefficient.
c) Causes of inequality in income and wealth within countries and between countries.
d) The impact of inequality on:
• enterprise
• incentives
• savings
• education
• migration
• life expectancy.
e) The impact of economic change and development on inequality.
f) The significance of the free market economy (capitalism) for inequality.
Small Title
This is a Paragraph. Click on "Edit Text" or double click on the text box to start editing the content and make sure to add any relevant details or information that you want to share with your visitors.
Small Title
This is a Paragraph. Click on "Edit Text" or double click on the text box to start editing the content and make sure to add any relevant details or information that you want to share with your visitors.
Small Title
This is a Paragraph. Click on "Edit Text" or double click on the text box to start editing the content and make sure to add any relevant details or information that you want to share with your visitors.