WDW101Y1 Lecture 7: L7(1)
1 Mar 2016
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Can not afford necessities, such as food, clothing and shelter, transportations,etc. relative definition of poverty: if your family cannot afford you for trip, etc. It may make the kid feel exclusive and being anti-social. such as, disconnected without a cell-phone. Relative vx. absolute measures of poverty relative poverty if feeling excluded by not having the means to good service that are widely utilized (cell phone, internet access, etc) Perhaps definition should look at lifetime income not just annual income. We shouldn"t use lico as a poverty measure although it is- discrimination. In 1959, when lico was first developed. the average canadian family spent 50% of their income on basic spendings. By 1986, canadian families were better off. The average family spent only 36% on fcs. So lico was defined as a family spending more than 56% on fcs. Illustrates that lico is a relative measure of poverty. 24% have dishwashers over 50% have a car, etc.
