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POVERTY - Coggle Diagram
POVERTY
33.3
POSSIBLE GOVERNMENT POLICY MEASURES TO REDUCE POVERTY
IMPROVING THE QUANTITIY AND QUALITY OF EDUCATION
- Increases the job prospects and earning potential of the poor and their children
PROMOTING ECONOMIC GROWTH
- reducing rate of interest, will increase the aggregate demand. This can increase output and create jobs
INTRODUCING OR RAISING A NATIONAL MINIMUM WAGE
- This is designed to tackle the problem of people experiencing low living standards due to low wages
ENCOURAGING MORE MULTINATIONAL COMPANIES TO SET UO IN THE COUNTRY
- The opening up of new firms in the country should create more employment opportunities
PROVIDING BENEFITS OR MORE GENEROUS STATE BENEFITS
- Giving the elderly the benefits, or raising the benefits they receive, may enable them to avoid absolute poverty.
LAND REFORM
- Making the ownership of the land more equal may increase output and living standards
MEASURES TO RAISE LIVING STANDARDS
THE MEASURES ARE :
legislation
holiday entitlement to the workers
government provision of housing
reducing government provision of housing
reducing taxation
GOVERNMENT POLICIES ON THE DISTURBUSTION OF INCOME AND WEALTH
GOVERNMENT CAN INFLUENCE THE DISTURBUTION IN A NUMBER OF WAYS INCLUDDING
Taxation
The provision of cash benefits
The provision of free state education and healthcare
using labor and macroeconomic policies
33.2
the causes of poverty
There are various reasons why people are poor.
These may include
:
unemployed
being in a low-paid work
falling ill
growing old
VARIOUS CIRCLES OF POVERTY -
A situation where people become trapped in poverty.
MULTIDIMENTIONAL POVERTY INDEX -
measure of poverty based on deprivations in education, health and standard of living
33.1
ABSOLUTE AND RELATIVE POVERTY
ABSOLUTE POVERTY
- A condition where people's income is too low to enable them to meet their basic needs
An example of absolute poverty includes:
A 12-year-old boy who has never been to see a doctor or attended school.
RELATIVE POVERTY
- A condition where people are poor in comparison to others in the country. Their income is too low to enable to enjoy the average standard of living in their country
An example of someone in relative poverty includes:
A person who does not have a job and relies on government assistance to maintain.
