Inequality

What is the Gini Coefficient?

• A measure of income inequality

• A measure of trade inequality

Relative Poverty is....

• measured within a state by comparing citizens income in relation to one another

• a measure of whether or not a citizen has access to basic needs, such as shelter

Absolute Poverty is...

• A measure of comparative poverty

• A measure of extreme poverty

The World Bank measures Absolute Poverty as having less than...

• $1.90 a day

• $1.15 a day

• $1.50 a day

• $2.15 a day

Which word best relates to Globalisation?

• Interconnected

• Intertwined

• Interspersed

• Interpreted

Which ideology champions the liberalisation of markets, thus global markets?

• One Nation Conservatism

• Environmentalism

• Economic Neo-liberalism

• Democratic Socialism

Which of the following is a benefit to under-developed countries of globalisation?

• High Wages

• Access to trade and financial markets

• Western countries dictating terms

Which of the following is a controversial method some TNCs use in managing their finances?

• Investment in developing countries

• Tax Payment

• Tax avoidance

In the 21st Century, which section of developed countries has seen the most growth in their incomes?

• The bottom 20%

• The bottom 50%

• The top 10%

• The top 1%

Which country has lifted approximately 750 million people out of poverty, partly due to its extensive global trade?

• India

• Brazil

• Spain

• China