Question

Enlist three each cases and minimizing measures of proverty

Answer 1

What is Poverty and its types?

• Absolute poverty.
• Relative Poverty.
• Situational Poverty.

minimizing measures of proverty :

• Means-tested welfare benefits - to the poorest in society; for example, unemployment benefit, food stamps, income support and housing benefit.

• Minimum wages - Regulation of labour markets, for example, statutory minimum wages

• Free market policies to promote economic growth – hoping that rising living standards will filter down to the poorest in society.

• Direct provision of goods/services – subsidised housing, free education and healthcare

Explanation:

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