3. Give economic terms:
1) Denial of opportunities to certain section of the
people in the society.
2) Concept of poverty that covers material and non-
material dimensions.
3) Poverty judged on the basis of relative standards of
living of the people.
4) Poverty that can be completely eradicated.
5) Threshold expenditure needed to satisfy basic
human needs at socially acceptable levels.
Identify and exnlain the concents from the niven
Answers
Answer:
- social exclusion
- social exclusionMaterial dimension poverty
- social exclusionMaterial dimension poverty Relative poverty
- social exclusionMaterial dimension poverty Relative poverty Absolute poverty
- social exclusionMaterial dimension poverty Relative poverty Absolute povertyPoverty line
social exclusionMaterial dimension poverty Relative poverty Absolute povertyPoverty line hope this will help you !
social exclusionMaterial dimension poverty Relative poverty Absolute povertyPoverty line hope this will help you !please mark me as brainlist .
Economic terms
Explanation:
1) Denial of opportunities to certain section of the people in the society.
answer : Poverty
Poverty means that the income level from employment is so low that basic human needs can't be met.
2) Concept of poverty that covers material and non- material dimensions.
answer : Multi-dimensional poverty
Multidimensional poverty encompasses the various deprivations experienced by poor people in their daily lives – such as poor health, lack of education, inadequate living standards, disempowerment, poor quality of work, the threat of violence.
3) Poverty judged on the basis of relative standards of living of the people.
answer : Relative poverty
Relative poverty is the condition in which people lack the minimum amount of income needed in order to maintain the average standard of living in the society in which they live
4) Poverty that can be completely eradicated.
answer : Absolute poverty
Absolute poverty – is a condition where household income is below a necessary level to maintain basic living standards (food, shelter, housing).
5) Threshold expenditure needed to satisfy basic human needs at socially acceptable levels.
answer : Poverty line
Poverty line is the level of income to meet the minimum living conditions. Poverty line is the amount of money needed for a person to meet his basic needs
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