Understanding Poverty: Absolute vs. Relative

What are the two main ways to think about poverty as introduced in the video?

• Poverty that affects education and poverty that affects health

• Poverty that threatens survival and poverty that sidelines from society

• Poverty that is temporary and poverty that is permanent

• Poverty that affects urban areas and poverty that affects rural areas

What is absolute poverty primarily concerned with?

• Educational opportunities

• Social exclusion

• Healthcare access

• Basic survival needs

How does absolute poverty differ across different geographical locations?

• It remains constant regardless of location

• It is lower in developed countries

• It varies significantly based on local climate

• It is higher in urban areas compared to rural areas

What happens to absolute poverty as a society's median income rises?

• It increases

• It remains the same

• It decreases

• It fluctuates randomly

In developed countries, what is a more relevant measure of poverty than absolute poverty?

• Access to education

• Unemployment rate

• Relative poverty

• Income inequality

How is relative poverty defined in relation to a country's income?

• As a percentage below the median income

• As a percentage above the median income

• As a fixed amount below the poverty line

• As a fixed amount above the poverty line

What does relative poverty focus on?

• Educational opportunities

• Healthcare access

• Social exclusion

• Basic survival needs

How does relative poverty change with a country's income levels?

• It remains constant

• It decreases as income levels rise

• It increases as income levels rise

• It fluctuates with income levels

What is a key difference between absolute and relative poverty?

• Absolute poverty is concerned with social exclusion

• Relative poverty is a universal measure, while absolute poverty is context-specific

• Relative poverty is concerned with basic survival

• Absolute poverty is a universal measure, while relative poverty is context-specific

Why might people in developed countries still experience poverty despite high income levels?

• Due to absolute poverty

• Due to relative poverty

• Due to lack of resources

• Due to high unemployment rates