Welcome to your Grade 12 Economics chapter 6
After carefully reading the following 30 questions, choose the correct answer.
1.
What is "absolute poverty"?
2.
Which term describes poverty in relation to the standard of living of the average person in a society?
3.
The Lorenz Curve is used to represent:
4.
What is the Gini-coefficient?
5.
In the Gini-coefficient, a value of 0 (zero) represents:
6.
Which approach to poverty was developed by Amartya Sen?
7.
What does the "Poverty Headcount Index" measure?
8.
"Vulnerability" in the context of poverty refers to:
9.
Which of the following is often used as a non-monetary measure of wellbeing?
10.
Women are often more affected by poverty due to:
11.
Indigenous institutions like "Iddir" and "Equb" in Ethiopia play a role in:
12.
What is the "poverty gap"?
13.
Chronic poverty is defined as:
14.
Income inequality refers to:
15.
Which of the following is a cause of poverty according to the textbook?
16.
The World Bank typically defines extreme poverty based on:
17.
"Feminization of poverty" means:
18.
Human Development Index (HDI) includes which of the following?
19.
In a Lorenz curve, the "line of perfect equality" is:
20.
Transitory poverty is:
21.
Sen's concept of "Functionings" refers to:
22.
Inequality of opportunity refers to:
23.
The "Poverty Line" is:
24.
Which of these is a social consequence of high inequality?
25.
Multidimensional poverty measures:
26.
Economic growth can reduce poverty if:
27.
Redistribution policies aim to:
28.
In the Gini-coefficient, a value of 1 represents:
29.
Access to credit for the poor is important because it:
30.
Social safety nets are:
