Global Poverty Flashcard 126-135

Front

Which countries are considered newly industrialized countries (NICs)?

Back

China and India

Front

What is the definition of extreme poverty?

Back

Lack of access to basic needs such as water, shelter, and food

Front

What is the equivalent number of people that the 26 richest people in the world held wealth equal to in 2017?

Back

3.8 billion people

Front

What is the significance of the year 2020 in the context of global poverty?

Back

First increase in poverty rates in 20 years

Front

What is a distributional measure?

Back

A method to distribute monetary and social benefits

Front

What is a difference between extreme and relative poverty?

Back

Extreme poverty uses a universal threshold.

Front

What is multidimensional poverty?

Back

Multiple and simultaneous deprivations of basic needs

Front

What is the impact of neighboring countries like Uganda and Rwanda on the DRC?

Back

They exploit resources and smuggle them into Europe and Asia.

Front

What does the term "LIC" refer to in development discussions?

Back

Low-income countries

Front

What is one of the proposed consequences of the Anthropocene?

Back

Endangered economic growth