Poverty and Socioeconomic Inequality Quiz

Poverty is often measured by assessing income falling below a specified threshold.

The Gini coefficient quantifies the extent of income inequality within a population.

Genetic predisposition is not a determinant of socioeconomic inequality; it is shaped by external factors.

The poverty line in developing countries is often determined by the satisfaction of basic human needs.

Sub-Saharan Africa has the highest prevalence of extreme poverty globally.

Income inequality pertains to earnings, while wealth inequality involves disparities in assets and possessions.

Homogeneity in workforce skills is not a factor influencing income inequality; diversity in skills can contribute.

Relative poverty involves falling below an income threshold compared to others in the society.

Socioeconomic inequality does not contribute to greater political stability; it often leads to social unrest.

The Kuznets curve illustrates the correlation between income inequality and a country's level of economic development.

Intergenerational poverty refers to the perpetuation of poverty across successive generations.

Absolute poverty involves severe deprivation of basic human needs.