Questions and Answers
What is the definition of generational poverty?
Poverty occurring in families over at least two generations
Which type of poverty is generally caused by a crisis or loss and is often temporary?
Situational poverty
According to Eric Jensen, what does poverty result from?
Multiple adverse synergistic risk factors
What is absolute poverty characterized by?
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Which type of poverty involves families focusing on day-to-day survival?
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What is the Solow Model used for measuring?
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What is rural poverty?
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What is one of the characteristics of urban poverty?
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What is relative poverty?
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What is a poverty trap?
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What is an example of an economic poverty trap?
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What characterizes a human capital poverty trap?
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What is a geographical poverty trap related to?
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What characterizes a social poverty trap?
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What does the Solow model analyze?
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What does Gross National Product measure?
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Which factor impacts economic development by expanding the labor force?
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What does the Human Development Index measure?
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What does urbanization measure?
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What type of poverty is characterized by a lack of basic food, clean water, shelter, and healthcare?
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Which type of poverty involves families focusing on day-to-day survival?
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What type of poverty is caused by sudden crises or disasters and is often temporary if able to recover?
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Which type of poverty is characterized by income lower than the overall community standard?
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What type of poverty affects remote areas with limited infrastructure and reduced access to transportation, utilities, and healthcare?
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Which type of poverty affects marginalized areas in cities and involves inadequate affordable housing, sanitation, and schooling?
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What is the term for self-reinforcing cycles that make poverty persistent due to discrimination, lack of social protection, and access to credit/capital?
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Which type of poverty is passed down from generation to generation due to systemic inequality and lack of opportunity?
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What characterizes a geographical poverty trap related to?
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What type of poverty has been defined in terms of minimum calorie intake in some contexts?
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Study Notes
Types of Poverty
- Generational poverty: passed down from generation to generation due to systemic inequality and lack of opportunity.
- Situational poverty: caused by a crisis or loss and is often temporary.
- Absolute poverty: characterized by a lack of basic necessities such as food, clean water, shelter, and healthcare.
- Relative poverty: characterized by income lower than the overall community standard.
- Rural poverty: affects remote areas with limited infrastructure and reduced access to transportation, utilities, and healthcare.
- Urban poverty: affects marginalized areas in cities and involves inadequate affordable housing, sanitation, and schooling.
Poverty Traps
- Poverty trap: self-reinforcing cycles that make poverty persistent due to discrimination, lack of social protection, and access to credit/capital.
- Economic poverty trap: example is when a country's economy is stuck in a cycle of poverty due to lack of investment in human capital.
- Human capital poverty trap: characterized by lack of education, skills, and healthcare.
- Geographical poverty trap: related to lack of access to resources, infrastructure, and opportunities due to remote location.
Economic Development
- Solow Model: used to measure economic growth and development.
- Gross National Product (GNP): measures the total value of goods and services produced by a country's citizens.
- Human Development Index (HDI): measures a country's well-being by combining indicators of life expectancy, education, and income.
- Urbanization: measures the growth of cities and the movement of people from rural to urban areas.
Poverty and Inequality
- According to Eric Jensen, poverty results from a lack of access to resources, opportunities, and services.
- Situational poverty involves families focusing on day-to-day survival.
- Absolute poverty involves a lack of basic necessities such as food, clean water, shelter, and healthcare.
- Relative poverty is characterized by income lower than the overall community standard.
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