What does poverty mean?
Poverty is a condition in which people lack resources or opportunities needed to meet important needs and maintain an acceptable standard of well-being.
Study 1 Understanding Poverty with 12 free online flashcards. Review key terms, definitions, and concepts with this interactive flashcard deck.
What does poverty mean?
Poverty is a condition in which people lack resources or opportunities needed to meet important needs and maintain an acceptable standard of well-being.
What is absolute poverty?
Absolute poverty means falling below a threshold intended to represent the minimum resources needed for basic needs such as food, clothing, and shelter.
What is relative poverty?
Relative poverty means having substantially fewer resources than are typical in the society where a person lives.
What does multidimensional poverty measure?
Multidimensional poverty is overlapping deprivation across aspects of well-being, commonly including health, education, and living standards.
What is subjective poverty?
Subjective poverty is understood through people's own assessments of their financial situation, needs, or well-being.
Why are the four forms of poverty measurement not interchangeable?
They use different reference points and answer different questions, so absolute, relative, multidimensional, and subjective measures are not interchangeable.
Why does a poverty definition affect who is counted?
Different definitions can classify the same person or household differently, so a poverty measure should state which definition it uses.
How is an absolute poverty threshold treated over time?
An absolute poverty threshold is generally held constant in real terms, with adjustments for price changes.
Why can a relative poverty threshold change?
Because it depends on the society's income distribution, a relative poverty threshold can change as typical incomes change.
Name three indicators of multidimensional poverty.
Examples include nutrition, school attendance, safe water, sanitation, electricity, and housing.
What rules shape a multidimensional poverty measure?
A multidimensional measure specifies which indicators count, how they are weighted, and how many deprivations are required for classification.
How can income-only measurement miss hardship?
A household above an income poverty line may still face poor housing, unsafe water, or limited access to schooling.
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