Poverty and Inequality in Developed and Developing Countries (Edexcel A-Level Economics A): Quizzes
📚Quizzes
Practise the questions
10 questions from this quiz
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Practise the questions
10 questions from this quiz
What proportion of the world's population lives in absolute poverty?
What proportion of the world's population lives in absolute poverty?
8.3%
Where do more than half of those in absolute poverty reside?
Where do more than half of those in absolute poverty reside?
Sub-Saharan Africa
How does economic growth relate to development?
How does economic growth relate to development?
Necessary but not sufficient
Why is GNI per capita measured in PPP$?
Why is GNI per capita measured in PPP$?
Shows actual command over resources
What proportion of global labour force is in the informal economy according to ILO?
What proportion of global labour force is in the informal economy according to ILO?
More than half
When households are divided into tenths by income, what are these groups called?
When households are divided into tenths by income, what are these groups called?
Deciles
On a Lorenz curve, what does the diagonal line represent?
On a Lorenz curve, what does the diagonal line represent?
Perfect equality
What does a Gini coefficient closer to 100 indicate?
What does a Gini coefficient closer to 100 indicate?
More unequal distribution
What is the International Poverty Line set at (from September 2022)?
What is the International Poverty Line set at (from September 2022)?
USD 2.15
Relative poverty is defined as income below what percentage of median income?
Relative poverty is defined as income below what percentage of median income?
60%