1. What is meant by the term poverty in economics?

    See page 327 of the textbook.

  2. Distinguish between “Absolute Poverty” and “Relative Poverty”

    See page 328 of the textbook.

  3. Explain how poverty is measured.

  4. What is the Multidimensional Poverty Index (MPI)?

    Page 330

  5. Identify and explain three difficulties of measuring poverty

    Pages 332-333

  6. Identify and explain four possible causes of poverty

    Pages 333-337

  7. What are the consequences of Inequality and poverty?

    Pages 338-339

  8. Assessment Advice

    Page 343-344