Measuring Poverty and Inequality
Distinguishing between absolute and relative poverty and assessing various measures of income and wealth inequality, such as the Lorenz curve and Gini coefficient.
Key Questions
- Differentiate between absolute and relative poverty with contemporary examples.
- Explain how the Lorenz curve visualizes the distribution of income and wealth.
- Analyze the limitations of GDP per capita as a measure of living standards and inequality.
National Curriculum Attainment Targets
Suggested Methodologies
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