What is the difference between an absolute and a relative poverty threshold?

Q: Do the rich get richer and the poor get poorer? Explain please and be sure to differentiate between…

A: Poverty refers to a state under which a person is unable to meet his basing needs using the given…

Q: what are the plans to eliminate poverty? explain.

A: Poverty is an economic state in which people face scarcity or a lack of essential commodities that…

Q: The combination of low GDP per capita and high income inequality is sometimes positive for companies…

A: Agricultural products include vegetables, oils, fruits, milk, meat, eggs, and cereals.

Q: What is the extent of economic inequality in America?

A: Inequality refers to the unequal or uneven distribution of income from person to person. This…

Q: The concept of poverty line in India was introduced in______________.

A: Poverty line is the minimum level of income in order to meet the living conditions or it is the…

Q: Define the term “POVERTY”. What are the determinants of poverty?

A: Poverty is a state in which the individuals are not able to satisfy even the basic requirements of…

Q: What is the difference between income inequality and wealth inequality? Why does this matter?

A: Inequality means the differences between the different sections of society in terms of income,…

Q: Are poverty rates rising or decreasing in the US? How has the gap between the rich and poor…

A: Because of the pandemic's economic impact and skyrocketing unemployment, poverty in the United…

Q: Describe how the poverty line is estimated in India?

A: The lowest income deemed suitable in a given country is known as the poverty threshold, poverty…

Q: What are some reasons why a certain degree of inequality of income would be expected in a market…

A: Income inequality describes that how unevenly the income is distributed in the economy. Uneven…

Q: what would happen if Governments increase the level of welfare payments.

A: Welfare benefits are government implemented programs that help in increasing the standard of living…

Q: argumantive speech about: Are we doing enough to end poverty?

A: Poverty is situation or state of a person or who do not have enough money to fulfill his basic needs…

Q: How is food security and employment linked to poverty?

A: Poverty is basically described as a lack of enough financial resources to meet basic needs such as…

Q: there an increase in poverty and inequality?

A: poverty means lack of money to satisfy basic needs of life - food ,clothing and shelter inequality…

Q: If the poverty guideline for a family of four is $25,750, what is the most that a household can earn…

A:

Q: What is income redistribution? Be specific and provide at least three examples.

A: Economics deals with the scarcity and unlimited wants of the people. The economy is bagged by scarce…

Q: What are some inherent practical problems and conceptual problems in measuring poverty.

A: Poverty is measured in the United States by contrasting an individual's or alternately family's pay…

Q: How is inequality bad for the economy?

A: Economy is a combination of household and business who deal in the buying and selling of goods and…

Q: Explain two solutions to overcome economic inequality.

A: Solutions to overcome inequality To overcome inequality,government should increase minimum wage law…

Q: Why is there so much wealth inequality?

A: Wealth refers to the assets held by a person which includes property and financial assets. Wealth…

Q: In country A, its population is 300 million, and 50 million people are living below the poverty…

A:

Q: In the United States, the incidence of poverty has declined since the 1970s. True False

A: Answer: True, Explanation: The incidence of poverty measures the proportion of families/individuals…

Q: What is the meaning of the poverty??

A: Economic development refers to an improvement in the economic well-being and quality of life of a…

Q: Why should we not use annual income when studying poverty?

A: Countries, international institutions, policymakers, and practitioners can and do quantify poverty…

Q: Define the following terms 1 Poverty

A: There are some specific terms to explain specific conditions such as inflation, poverty, and so on.

Q: Explain the viacious cycle of poverty

A: Due to low saving,low investment takes place,due to which low productivity and employment takes…

Q: Relate how poverty is measured and its incidence by age, gender, ethnicity, and other…

A: Poverty refers to the situation wherein the individuals lie in a well-being state when they have no…

Q: Identify national strategies to target social exclusion and poverty.

A: The social exclusion refers to the exclusion of a group of people from the prevalent social system.…

Q: What factors have contributed to increased income inequality since 1975?

A: ncome inequality has increased within the us over the past 30 years, as income has flowed unequally…

Q: How has the definition of educational inequalitychanged?

A: Educational inequality refers to the unequal allocation of academic resources to socially…

Q: What government suppose to do to eradicate poverty in order to reduce the cost of living?

A: Fortunately, unique arrangement decisions can bring various results. At the point when the public…

Q: What is inequality

A:

Q: What groups in the U.S. population are most likely tolive in poverty?

A: There many groups which are most likely to live in poverty according to race or ethnicity, age,…

Q: What is income inequality?

A: The discrimination is the indication of treating people differently based on their gender, caste,…

Q: What factors have contributed to increased income inequality since 1970?

A: Income inequality tells us how unevenly income is distributed in a country. This means the different…

Q: In recent years, as the gap between the rich and the poor has increased, the Lorenz curve has

A: A Lorenz curve is a graphical representation of the distribution of income or wealth within a…

Q: What are the possible ways that the government should act to eradicate poverty?

A: Poverty refers to a state where people lack money and do not have the means to satisfy their basic…