Skip to content

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

  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.