The Impact of Poverty Quiz
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Questions and Answers

What is the main difference between absolute poverty and relative poverty?

  • Absolute poverty compares income against the amount needed to meet basic personal needs, while relative poverty measures a person's living standards compared to others in the same time and place (correct)
  • Absolute poverty measures a person's living standards compared to others in the same time and place, while relative poverty compares income against the amount needed to meet basic personal needs
  • Absolute poverty is the same worldwide, while relative poverty varies from one country to another
  • Absolute poverty is measured in terms of food, clothing, and shelter, while relative poverty is measured in terms of income
  • What percentage of the world's population live on less than $30 per day in PPP dollars?

  • 25%
  • 60%
  • 40%
  • 85% (correct)
  • In 2020, where did more than 40% of the poor live according to the World Bank Group?

  • Conflict-affected countries (correct)
  • Developed countries
  • Middle-income countries
  • Island nations
  • What does relative poverty measure?

    <p>A person's living standards compared to others in the same time and place</p> Signup and view all the answers

    What is the minimum amount per day on which 10% of the population live in PPP dollars?

    <p>$1.90</p> Signup and view all the answers

    Study Notes

    Poverty Measures

    • Absolute poverty: measures poverty in terms of the minimum amount of income required to meet basic needs, usually in terms of a fixed income threshold.
    • Relative poverty: measures poverty in relation to the overall distribution of income in a society, usually as a percentage of the median income.

    Poverty Statistics

    • 43% of the world's population: live on less than $30 per day in PPP (Purchasing Power Parity) dollars.
    • More than 40% of the poor: lived in South Asia in 2020, according to the World Bank Group.
    • 10% of the population: live on less than $1.90 per day in PPP dollars, which is the minimum amount required to meet basic needs.

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    Description

    Test your knowledge about poverty and its impact on society with this insightful quiz. Explore the causes, effects, and measurement of poverty while gaining valuable insights into this complex social issue.

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