Understanding Poverty

The video discusses poverty as a fundamental economic issue, explaining its meaning, definition, and impact on human needs. It covers the United Nations' definition of poverty, illustrating the concept through diagrams. The video differentiates between absolute and relative poverty, highlighting the global poverty line standards set by the World Bank. It concludes with a discussion on poverty lines across different countries.

What is the basic meaning of poverty?

• Having access to clean water

• Living a luxurious lifestyle

• Lack of basic human needs

• Having more resources than others

According to the United Nations, poverty is fundamentally a denial of what?

• Health and nutrition

• Education and employment

• Choices and opportunities

• Wealth and prosperity

Which of the following is NOT mentioned as a consequence of poverty by the UN?

• Insecurity and powerlessness

• Exclusion from society

• Access to credit

• Living in luxurious environments

What is one of the effects of poverty as shown in the diagram?

• Increased job opportunities

• Higher education levels

• Increased number of diseases

• Abundance of food

What is the relationship between poverty and job opportunities as illustrated in the diagram?

• Job opportunities have no effect on poverty

• Poverty and fewer job opportunities are interlinked

• More job opportunities lead to more poverty

• Poverty leads to more job opportunities

What characterizes absolute poverty?

• Having more resources than others

• Access to social services

• Severe deprivation of basic human needs

• Living a comfortable lifestyle

How does the World Bank define extreme poverty in 2015?

• Living on more than $5 per day

• Living on less than $5 per day

• Living on more than $1.90 per day

• Living on less than $1.90 per day

What does relative poverty refer to?

• Having more resources than others

• Lack of resources compared to other members of society

• Lack of resources compared to worldwide averages

• Living a luxurious lifestyle

What is the international poverty line currently set at?

• $2.50 per day

• $1.00 per day

• $1.50 per day

• $1.90 per day

In higher income countries, why is the poverty line higher?

• Because of higher cost of living

• Because of better education

• Because of lower cost of living

• Because of more job opportunities