Social Problems 6 - Poverty and Economic Inequality

Social Problems 6 - Poverty and Economic Inequality - What...

Info iconThis preview shows pages 1–14. Sign up to view the full content.

View Full Document Right Arrow Icon
What is poverty?
Background image of page 1

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full DocumentRight Arrow Icon
Poverty can be defined as the minimum level of income needed for an adequate standard of living in a given country. Absolute poverty – living on $1 a day (about 2.5 billion people). Extreme poverty – living on less than $1 a day (about 1 billion people). Relative poverty – income compared to others in the population.
Background image of page 2
The World Bank sets these poverty thresholds: $1 per day in developing countries $2 per day in Latin America $4 per day in Eastern Europe and the former Soviet states $14.40 per day in industrial countries
Background image of page 3

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full DocumentRight Arrow Icon
“Human poverty is more than income poverty – it is the denial of choices and opportunities for living a tolerable life.” - The United Nations
Background image of page 4
The United Nations developed the Human Poverty Index (HPI) to measure three types of deprivation: deprivation of a long and healthy life deprivation of knowledge deprivation of decent living standards
Background image of page 5

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full DocumentRight Arrow Icon
The Human Poverty Index for developing countries is different than for industrialized countries.
Background image of page 6
Background image of page 7

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full DocumentRight Arrow Icon
In some industrial countries the poverty threshold is 50% of the median household income.
Background image of page 8
Background image of page 9

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full DocumentRight Arrow Icon
Household Income Inequality, 30 Countries Source: Smeeding, 2004
Background image of page 10
How much of the world’s wealth is in the hands of a few people?
Background image of page 11

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full DocumentRight Arrow Icon
Background image of page 12
1.Can you define poverty? 2.How does the United Nations’ Human Poverty Index measure poverty in developing nations? 3.How does the Human Poverty Index measure poverty
Background image of page 13

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full DocumentRight Arrow Icon
Image of page 14
This is the end of the preview. Sign up to access the rest of the document.

This note was uploaded on 02/02/2012 for the course 920 103 taught by Professor Staff during the Fall '08 term at Rutgers.

Page1 / 41

Social Problems 6 - Poverty and Economic Inequality - What...

This preview shows document pages 1 - 14. Sign up to view the full document.

View Full Document Right Arrow Icon
Ask a homework question - tutors are online