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
- 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.