#1
Which of the following is a common measure of poverty?
Poverty line
ExplanationA standard used to determine the minimum level of income needed to meet basic needs.
#2
What percentage of the world's population lives below the international poverty line?
20%
ExplanationApproximately one-fifth of the world's population.
#3
Which of the following factors is NOT typically associated with socioeconomic disparities?
Hair color
ExplanationHair color is not a determinant of socioeconomic status.
#4
What is the poverty gap index?
The difference between the poverty line and actual income
ExplanationMeasures the depth of poverty by assessing how far below the poverty line people fall.
#5
What is the main difference between absolute poverty and relative poverty?
Absolute poverty considers basic needs, while relative poverty considers income compared to others
ExplanationAbsolute poverty focuses on necessities, while relative poverty considers one's income relative to others in society.
#6
Which demographic group is often disproportionately affected by poverty?
Young children
ExplanationChildren are particularly vulnerable to the effects of poverty.
#7
What is the concept of 'working poor'?
Individuals who work but cannot afford basic necessities
ExplanationPeople who are employed yet live below the poverty line.
#8
What is the Gini coefficient used to measure?
Income inequality
ExplanationQuantifies the extent of income inequality within a society.
#9
Which of the following is NOT a consequence of poverty?
Decreased crime rates
ExplanationPoverty often correlates with higher crime rates due to socioeconomic factors.
#10
Which region has the highest rate of extreme poverty?
Sub-Saharan Africa
ExplanationRegion with the most severe poverty levels globally.
#11
What is the poverty cycle?
A situation where poverty perpetuates itself through lack of access to resources
ExplanationThe cycle in which poverty traps individuals and communities due to limited opportunities.
#12
Which of the following is NOT a factor contributing to socioeconomic disparities?
Social security benefits
ExplanationSocial security benefits aim to reduce disparities by providing financial support to vulnerable populations.
#13
What is meant by the term 'food desert'?
An area with limited access to affordable and nutritious food
ExplanationRegions where healthy food options are scarce or inaccessible.
#14
Which economic theory suggests that poverty is necessary for economic growth?
Classical economics
ExplanationBelief that poverty motivates people to work harder and innovate, driving economic progress.
#15
What is the poverty trap?
A mechanism that prevents individuals from escaping poverty
ExplanationConditions or circumstances that make it difficult for individuals to break out of poverty.
#16
Which country has the highest rate of child poverty among developed nations?
United States
ExplanationDespite being a developed nation, the US has high child poverty rates compared to its peers.