Podcast
Questions and Answers
What is the proposed top income tax rate suggested by economist Tony Addison for the highest income earners?
What is the proposed top income tax rate suggested by economist Tony Addison for the highest income earners?
- 55 percent
- 65 percent (correct)
- 50 percent
- 60 percent
Why are wealth taxes considered important in combating inequality?
Why are wealth taxes considered important in combating inequality?
- Wealth taxes benefit the rich
- Wealth tends to be equally distributed
- Wealth accumulates over generations (correct)
- Wealth taxes eliminate all inequalities
What is necessary for corporations regarding the living wage?
What is necessary for corporations regarding the living wage?
- Corporations should prioritize a living wage for all their business relationships (correct)
- Corporations should establish a national living wage
- Corporations should ignore wage standards
- Corporations should prioritize a living wage for their own workers only
What cornerstone aspect is essential for more equal societies regarding workers?
What cornerstone aspect is essential for more equal societies regarding workers?
What is a significant current trend in employment that raises concerns about labor stability?
What is a significant current trend in employment that raises concerns about labor stability?
What issue is raised concerning international trade agreements?
What issue is raised concerning international trade agreements?
What do the new economics aim to achieve according to the content?
What do the new economics aim to achieve according to the content?
How does social inequality affect health outcomes in society?
How does social inequality affect health outcomes in society?
What is the primary goal of a conditional cash transfer program?
What is the primary goal of a conditional cash transfer program?
Which category does not represent a form of social and political inequality listed in the content?
Which category does not represent a form of social and political inequality listed in the content?
What type of project aims to improve living conditions for the poorest segment of society?
What type of project aims to improve living conditions for the poorest segment of society?
Which of the following issues is described as still a major challenge for societies worldwide?
Which of the following issues is described as still a major challenge for societies worldwide?
What is the expected effect of promoting education, science, and technology?
What is the expected effect of promoting education, science, and technology?
Which group is referred to as an ethnic minority in the context provided?
Which group is referred to as an ethnic minority in the context provided?
Which of the following is cited as a primary factor driving extreme inequality in developing countries?
Which of the following is cited as a primary factor driving extreme inequality in developing countries?
What percentage of the world's population lives with disabilities?
What percentage of the world's population lives with disabilities?
What is defined as a lack of adequate financial resources that prevents individuals from acquiring basic necessities for life?
What is defined as a lack of adequate financial resources that prevents individuals from acquiring basic necessities for life?
Which term describes the severe deprivation of basic necessities of life?
Which term describes the severe deprivation of basic necessities of life?
What does relative poverty relate to?
What does relative poverty relate to?
Which of the following is NOT a characteristic of social inequality?
Which of the following is NOT a characteristic of social inequality?
Which government initiative is most likely aimed at addressing social inequalities?
Which government initiative is most likely aimed at addressing social inequalities?
What is a common outcome of social inequalities?
What is a common outcome of social inequalities?
Which of the following best describes rural poverty?
Which of the following best describes rural poverty?
What is a primary factor contributing to social inequality?
What is a primary factor contributing to social inequality?
Flashcards
Social Inequality
Social Inequality
Lack of equal access to resources, opportunities, and societal participation, often due to unequal resource allocation.
Poverty
Poverty
Lack of sufficient financial resources to meet basic needs for a flourishing life.
Absolute/Extreme Poverty
Absolute/Extreme Poverty
Severe deprivation of basic necessities, lacking a minimum standard of living.
Relative Poverty
Relative Poverty
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Rural Poverty
Rural Poverty
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Urban Poverty
Urban Poverty
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Inefficient allocation of resources
Inefficient allocation of resources
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Denial of choices and opportunities
Denial of choices and opportunities
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Conditional Cash Transfer Programs
Conditional Cash Transfer Programs
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Livelihood projects
Livelihood projects
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Gender Inequality
Gender Inequality
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Ethnic Minorities
Ethnic Minorities
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Persons with Disabilities
Persons with Disabilities
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Global Inequality
Global Inequality
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Illicit Outflows
Illicit Outflows
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Poverty Alleviation Programs
Poverty Alleviation Programs
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Progressive Income Tax
Progressive Income Tax
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Global Wealth Tax
Global Wealth Tax
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Living Wage
Living Wage
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Right to Organize
Right to Organize
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Labor Abuses
Labor Abuses
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Open & Democratic Trade Policy
Open & Democratic Trade Policy
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New Economics
New Economics
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Inequality Impacts Health
Inequality Impacts Health
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Study Notes
UCSP Objectives
- Define social inequality
- Identify inequalities prevalent in society
- Distinguish government programs and initiatives addressing inequalities
- Discuss the government programs and initiatives in addressing social inequalities
- Propose ways to address social inequalities in society
Social Inequality
- Lack of access to natural and societal resources
- Denial of choices and opportunities
- Lack of basic capacity to participate effectively in society
- Unequal, ineffective, and inefficient allocation of goods and services
- Some people have more resources than enough to last their entire lives
Poverty
- Lack of adequate financial resources
- Lack of the means to subsist or acquire essential necessities for a flourishing life
Classification of Poverty
- Absolute (or extreme) poverty
- Relative poverty
Absolute (or Extreme) Poverty
- Severe deprivation of basic necessities
- Minimum standard of living that no one should be below
Relative Poverty
- Inadequate access to goods and services compared to the standards in a country
- Divided into:
- Rural poverty: Associated with people living outside cities and towns, in agricultural settings
- Urban poverty: Closely linked with large populations in cities and towns
Programs in Alleviating Poverty
- Provide better living conditions for the poorest segment of society
- Livelihood projects
- Education development programs or medical missions
- Feeding programs
- Microfinance for small-scale livelihoods
- Enterprise projects
- Community-driven development initiatives
- Promotion of education, science, technology, and population development
- Natural resource sustainability projects
Conditional Fund Transfer Program
- Government (or private entity) provides cash to families living in absolute or relative poverty who meet certain criteria
- Goal is to provide accessible financial assistance for basic necessities
Other Forms of Social and Political Inequality
- Gender inequality: Major issue globally, with discrimination facing girls and women in many areas
- Ethnic minorities: Group of people with distinct national or cultural traditions different from the majority
- Persons with disabilities: 10% of the world's population, often victims of discrimination, violence, and rape
- Global inequalities: Significant difference between the rich, middle class, and poor populations globally, hindering cooperation and potentially compromising progress
Ways to Reduce Inequality Through Economic Democracy
- Check on illicit outflows: Inadequate resources in developing countries for health, education, sanitation, and investment in the poorest citizens create extreme inequality
- Progressive income tax: How much the highest earners should be taxed is a matter of debate, with proposals such as a top rate of 65% on the top 1% income
- Global wealth tax: Wealth accumulates over generations; wealth taxes could help combat extreme inequality
- Living wage: Governments should establish and enforce a national living wage for workers and those in related businesses
- The right to organize: Workers have the right to organize to have more equal societies
- End to labor abuses: Companies replacing permanent employment with temporary or contingent labor
- Open and democratic trade policy: International trade agreements should involve all parties; not just bureaucrats and corporate lobbyists
- New economics: Economics should value humanitarian values over arcane economic theory and improve the lives of everyone
Five Reasons Why We Need More Equality
- Health: Life expectancy and mortality rates are lower in equal societies
- Social relationships: Higher levels of social cohesion, trust and social capital exist in equal societies
- Human capital development: Higher scores on the UNICEF index of child well-being in equal countries
- Economic progress and stability: Poverty reduction is positively impacted by income equality, and more stable economic cycles occur in more equitable societies
- Sustainable economies: More equal societies promote the common good, more cooperation between nations and promote development of international environmental agreements
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Description
This quiz focuses on understanding social inequality and poverty, including their definitions, classifications, and government initiatives aimed at addressing these issues. It encourages discussion on the prevalent inequalities in society and proposes potential solutions. Perfect for students studying social sciences.