#1
Which of the following is a commonly used measure of income inequality?
Gini coefficient
Mean income
Median income
Poverty rate
#2
What is the poverty line?
The line that divides rich and poor neighborhoods
The minimum income needed to cover basic expenses
A line drawn on a map to indicate areas with high poverty rates
The threshold for becoming a charity beneficiary
#3
What is the Human Development Index (HDI) used for?
To measure economic growth
To assess quality of life
To determine poverty rates
To evaluate political stability
#4
Which factor is NOT typically associated with socio-economic inequality?
Education level
Healthcare access
Geographic location
Hair color
#5
What is the difference between absolute poverty and relative poverty?
Absolute poverty is based on income, while relative poverty is based on wealth.
Absolute poverty is a fixed standard, while relative poverty varies by society.
Absolute poverty considers basic needs, while relative poverty considers luxury goods.
Absolute poverty is experienced by individuals, while relative poverty affects entire communities.
#6
What does the term 'food insecurity' refer to?
The lack of access to nutritious food
The inability to cook meals
A state of mind characterized by fear of starvation
The presence of genetically modified organisms in food
#7
Which region of the world has the highest concentration of extreme poverty?
Sub-Saharan Africa
North America
Western Europe
East Asia
#8
What is meant by the term 'relative poverty'?
A condition where individuals lack access to basic necessities
A situation where income is substantially lower than the average
A state of poverty compared to others in the same society
A measure of poverty adjusted for inflation
#9
What is the 'Matthew Effect' in the context of socio-economic inequality?
The rich getting richer and the poor getting poorer
An economic theory developed by John Maynard Keynes
A statistical method for measuring inequality
A concept in sociology describing cumulative advantage
#10
Which of the following is NOT a factor contributing to poverty?
Lack of education
Access to clean water
Unemployment
Rapid economic growth
#11
Which of the following is a consequence of socio-economic inequality?
Increased social cohesion
Decreased crime rates
Greater political stability
Health disparities
#12
What is the Lorenz curve used to illustrate?
Income distribution
Population growth
Inflation rates
Unemployment trends
#13
Which economic theory argues that reducing taxes on the wealthy will benefit everyone, including the poor?
Keynesian economics
Supply-side economics
Marxist economics
Behavioral economics
#14
What is the Kuznets curve used to describe?
The relationship between taxation and economic growth
The relationship between inequality and economic development
The impact of inflation on purchasing power
The cyclical nature of business cycles
#15
Which of the following is a measure of multidimensional poverty?
Gini coefficient
Human Development Index (HDI)
Consumer Price Index (CPI)
Consumer Confidence Index (CCI)
#16
Which of the following is NOT a characteristic of income inequality?
Unequal distribution of wealth
Disparity in wages
Equal access to education
Unequal access to healthcare
#17
What is the concept of 'social exclusion'?
A condition where individuals are deliberately excluded from society
An economic theory explaining poverty cycles
A measure of societal cohesion
The process by which individuals are marginalized from accessing resources and opportunities