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TCW: lesson 3 Questions with Correct Answers (VERIFIED)

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TCW: lesson 3 Questions with Correct Answers (VERIFIED)

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TCW

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TCW: lesson 3 Questions with
Correct Answers (VERIFIED)

Absolute poverty—ANSWER--also known as extreme poverty


• it involves the scarcity of basic food, clean water, health, shelter, education and

information those who belong to absolute poverty tend to struggle to live and experience a

lot of chil eaths from preventable diseases like malaria, cholera and water-contamination

related diseases


Relative Poverty—ANSWER--It is defined from the social perspective that is living standard

compared to the economic standards of population living in surroundings. For example, a

family can be considered poor if it cannot afford vacations, or cannot buy presents for

children at Christmas, or cannot send its young to the university.


Situational Poverty—ANSWER--It is a temporary type of poverty based on occurrence of an

adverse event like environmental disaster, job loss and severe health problem.


People can help themselves even with a small assistance, as the poverty comes because of

untortunate event.


Generational Poverty—ANSWER--It is handed over to individual and families from one

generation to the one. This is more omplicated as there is no escape because the people are

trapped in its cause and unable to access the tools required to get out of it.

, Rural Poverty—ANSWER--• It occurs in rural areas with population below 50,000. It is the

area where there are less job pportunities, less access to services, less support for

disabilities and quality educatio portunities. People are tending to live mostly on the farming

and other menial wor


available to the surroundings.


Urban Poverty—ANSWER--It occurs in the metropolitan areas with population over 50,000.

These are some major challenges faced by the Urban Poor:


Limited access to health and education. nadequate housing and services


Violent and unhealthy environment because of overcrowding


Population Explosion


Limited Resources


Weak Institutions


Corruption


Lack of Education and Literacy


Colonial Past—ANSWER--CAUSES OF POVERTY


1. Wealth Inequality


2. Income Inequality—ANSWER--2 types of Economic Inequality


Wealth inequality—ANSWER--______ refers to the total amount of assets of an individual or

household.




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