Poverty Flashcards
Poverty (27 cards)
What is Poverty?
Poverty refers to the condition in which people lack the financial resources to meet their basic needs, such as food, shelter, clothing, education, and healthcare.
What are the two types of poverty?
- Absolute Poverty
- Relative Poverty
What is Absolute Poverty?
The condition where people cannot meet their basic needs for survival, such as food, water, shelter, and healthcare.
What is Relative Poverty?
When people have fewer resources than others in their society, leading to a lower standard of living.
What is one cause of poverty related to education?
Many people in poverty lack access to quality education, limiting their ability to acquire skills and get better-paying jobs.
What impact does lack of education have on poverty?
Without education, people may be stuck in low-wage jobs or unemployment, trapping them in a cycle of poverty.
How does unemployment contribute to poverty?
High unemployment rates lead to poverty as people cannot find work to support themselves or their families.
What is economic inequality?
Inequality in wealth distribution where some people are extremely rich while others are poor.
How does conflict and war contribute to poverty?
Armed conflicts can destroy infrastructure, disrupt livelihoods, and displace millions of people.
What health issues contribute to poverty?
Poor health, lack of access to healthcare, and prevalence of diseases can reduce income and future opportunities.
What environmental factors can lead to poverty?
Natural disasters and environmental degradation can destroy homes and livelihoods, pushing people into poverty.
What is one impact of poverty on health?
People living in poverty often do not have access to nutritious food, clean water, or basic healthcare.
What is social exclusion in the context of poverty?
When individuals or groups are marginalized from participating fully in society due to poverty.
How does poverty lead to increased crime rates?
People may resort to illegal activities to survive, leading to higher crime rates.
What is intergenerational poverty?
When poverty is passed down from one generation to the next due to lack of education, resources, or opportunities.
What is globalization?
The process by which countries, businesses, and people become increasingly interconnected and interdependent.
What are two factors affecting globalization?
- Technological Advancements
- International Trade and Business Expansion
How do technological advancements affect globalization?
They enable faster communication and transportation, facilitating global interconnection.
What is a Multinational Corporation (MNC)?
A company that operates in multiple countries.
What is one advantage of globalization?
Globalization can lead to the creation of new jobs in various industries.
What is a disadvantage of globalization?
It can lead to job loss in developed countries as manufacturing moves to poorer nations.
What environmental issues are linked to globalization?
Increased industrial production and transportation lead to pollution and contribute to climate change.
What is economic liberalization?
The process of reducing government controls to encourage more open and competitive markets.
What impact does poverty have on education?
Children in poor families often cannot attend school due to financial constraints or distance.