4.2 Poverty and inequality

Question 5

An international development organization evaluates economic well-being in a developing region using two distinct measures:

Measure $X$ : The proportion of households unable to afford a fixed basket of essential items required for physical survival, including basic nutrition, clean drinking water, and safe shelter.
Measure $Y$ : The proportion of households earning less than 50% of the country's median household income.

Explain the distinction between absolute poverty and relative poverty, clearly identifying which of the two measures ( $X\,$ or $Y$ ) corresponds to each concept.

[2]

4.2 Poverty and inequality

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Question 5

An international development organization evaluates economic well-being in a developing region using two distinct measures:

Measure $X$ : The proportion of households unable to afford a fixed basket of essential items required for physical survival, including basic nutrition, clean drinking water, and safe shelter.
Measure $Y$ : The proportion of households earning less than 50% of the country's median household income.

Explain the distinction between absolute poverty and relative poverty, clearly identifying which of the two measures ( $X\,$ or $Y$ ) corresponds to each concept.

[2]

4.2 Poverty and inequality

Question 5

4.2 Poverty and inequality Questions

4.2 Poverty and inequality

Question 5

4.2 Poverty and inequality Questions