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What can be recognised as poverty?
A lack of options, lack of access to basic needs, food, water, shelter, clothing, security, education, health.
Recognises people that live on less than US$1.25 a day are in absolute poverty. The problem with this definition is that the value of money is different around the world.
Poverty that is relative to the people within an immediate area- e.g. New Zealanders
Why is the poverty chasm narrowing?
The chasm is narrowing as the middle classes are being left behind- it is not the just the poorest of the poor anymore.
The Gini Coefficient
Developed in the 20th century by Italian theorist Corrado Gini.
Less equal- US, China and Soviet states
Where do countries stand on the Gini Coefficient?
Poverty in NZ
About 1 in 5 children live in poverty in NZ. We have a Gini Coefficient of 33, which used to sit around 27 but has increased due to the neo-liberal reforms of the 1980s that took place.
What causes poverty and inequality?
Technology, population growth, cultural differences, social stratification (e.g. tertiary education), gender inequality, colonialism, global power relations.