9699 · 8.1
Globalisation, poverty and inequalities
**Poverty and inequality** (8.1) uses **World Bank/UN data**. Contrast **modernisation vs dependency** and note **inequality within nations**.
Need to know
What you need to know
- Absolute poverty is a lack of basic necessities, while relative poverty is defined by social context.
- The World Bank's poverty line is a key measure for absolute poverty.
- Global inequality exists both between nations (e.g., Global North vs. Global South) and within them.
- The Human Development Index (HDI) offers a broader measure of development than just income.
Explanation
Globalisation, poverty and inequalities
- Absolute poverty is a lack of basic necessities, while relative poverty is defined by social context.
- The World Bank's poverty line is a key measure for absolute poverty.
- Global inequality exists both between nations (e.g., Global North vs. Global South) and within them.
- The Human Development Index (HDI) offers a broader measure of development than just income.