SOC102H1 Chapter 2: A detailed summary of Chapter 2 Class, Poverty, and Economic Inequality from the textbook, Social Problems
Document Summary
Chapter 2: class, poverty, and economic inequality: economic inequality are large difference in income and wealth across individuals and groups within a society; difference in the economic power of nations. Inequality is also attributed to unregulated market forces, inadequate laws and the tax structure (redistribution of wealth) that favours the rich, powerful people who rely on politicians to serve their interests. In order for an revolution to happen, workers had to adopt the following views (class consciousness): The determination of what goes into this imaginary basket tends to exclude all but the absolute essentials of bare survival. It measures absolute poverty: human development index (hdi) is a combined measure of achievement in three basic areas of human development life expectancy at birth, literacy, and gdp per capita. Used by the un development program to monitor social and economic progress across countries. A score on 0 means complete equality while a score of 1 means complete inequality.
