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9699 · 8.1

Globalisation, poverty and inequalities

9699 — global poverty, inequality between and within nations, and development debates.

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

  1. Absolute poverty is a lack of basic necessities, while relative poverty is defined by social context.
  2. The World Bank's poverty line is a key measure for absolute poverty.
  3. Global inequality exists both between nations (e.g., Global North vs. Global South) and within them.
  4. The Human Development Index (HDI) offers a broader measure of development than just income.