Understanding Poverty

• Poverty is related to a lack of access to education and healthcare.
• Poverty is determined by a person's level of education, and it's mainly about not having a job.
• Poverty is exclusively influenced by the age of the household head.
• Poverty is when a household's income is insufficient to afford basic necessities like food, shelter, and clothing. (correct)

• Technological change has no effect on income inequality.
• Technological change increases income inequality by replacing low-skilled labor with machines. (correct)
• Technological change reduces income inequality by increasing the demand for low-skilled labor.
• Technological change primarily affects high-skilled labor.

• Poverty is related to a lack of access to education and healthcare.
• Poverty is when a household's income is insufficient to afford basic necessities like food, shelter, and clothing.
• Poverty is exclusively influenced by the age of the household head.
• Poverty is determined by a person's level of education, and it's mainly about not having a job. (correct)

<p>Poverty is determined by the household's level of education and job status. (A)</p> Signup and view all the answers

<p>Technological change primarily affects high-skilled labor. (C)</p> Signup and view all the answers