Sociology 2140 Chapter 10: Chapter 10
16 Dec 2017
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Document Summary
Poverty: lacking resources for an adequate" standard of living: food, water, housing, land, 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: ex. Poor in canada but not nearly as bad as some people in poor countries. The world banks sets a poverty threshold" of . 25 per day. World bank is also concerned with improving lives of people who are merely. Reducing poverty can be hampered by: lack of jobs, weak safety nets, poor infrastructures, low productivity. Countries that enjoy the highest standard of living: europe, north america, australia, new zealand, and japan. Countries that live in marked poverty: africa, india, south america, ukraine, and moldova. Relative poverty measure: members of a household are considered poor if their household income is less than 50% of the median household income in that country.
