IGCSE经济学课件英文版.ppt

Measures of poverty Absolute poverty The inability to afford basic necessities such as food, water, education, health care and shelter. Measured by the number of people living below a certain income threshold. Relative poverty Having far fewer resources than others in the same society. Measured by the extent to which a person’s or household’s income falls below the average income in the economy. * Poverty and development indicators GDP per capita (i.e. average income per person) But… average measure will be distorted upwards by people with very high incomes And… it does not take account o