The concise Oxford Dictionary defines poverty this way:
“Not having the minimum income level to get the necessities of life.”
In a State of Human Development speech, Kofi Annan, the former U.N. Secretary General said:
“More than a lack of what is necessary for material well-being, poverty can also mean the denial of opportunities and choices most basic to human development to lead a long, healthy, creative life; to have a decent standard of living.”
1. Identify at least two differences between Relative Poverty and Absolute Poverty.
2. What do you think are the “necessities of human life?” Are there necessities of human life that are different than the necessities of, say, a dog’s life? If so, what are they?
3. Work out how much it would cost to live on for a month if you only make $11,880 a year. What would you need (or want) for this month and what would it cost? (Include essentials like rent, food, and medical and non-essentials like entertainment or going out to eat.)
Note that the official poverty index for a single person in the U.S. in 2020 $12,760:
Identify at least two differences between Relative Poverty and Absolute Poverty.
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