SOC203 Chapter 10: Poverty

• School: University of Alberta
• Department: Sociology
• Course: SOC203
• Professor: Kenneth Caine

Document Summary

10. 1 the global context: poverty and economic inequality around the world po(cid:448)e(cid:396)ty: la(cid:272)ki(cid:374)g (cid:396)esou(cid:396)(cid:272)es fo(cid:396) a(cid:374) (cid:862)ade(cid:395)uate(cid:863) sta(cid:374)da(cid:396)d of li(cid:448)i(cid:374)g. Especially food and water, but also housing, land, and health care. Absolute poverty: the chronic absence of the basic necessities of life, including food, clean water, and housing. Relative poverty: a deficiency in material and economic resources compared with some other population. Wo(cid:396)ld ba(cid:374)k sets a (cid:862)po(cid:448)e(cid:396)ty th(cid:396)eshold(cid:863) of $. (cid:1005)(cid:1006)(cid:1009) pe(cid:396) day i(cid:374) (cid:272)o(cid:374)sta(cid:374)t dolla(cid:396)s (cid:271)ased o(cid:374) a. World bank set a target of having fewer than 3% of the developing world living at/below poverty by 2030. Only europe, north america, australia, new zealand, and japan enjoy the highest standard of living (credit suisse uses le(cid:448)els of household (cid:449)ealth(cid:863) to p(cid:396)odu(cid:272)e a (cid:373)ap of global wealth distribution) Another poverty measure: who (cid:271)ased o(cid:374) a household"s a(cid:271)ility to (cid:373)eet the minimum calorie requirements of its members: