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Cambridge IGCSE Economics practice

Paper 2 structured question: Poverty

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2

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1

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Poverty

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Paper 2Structured Questions1 marks

Understanding poverty is crucial for economic analysis.

Description

Poverty Definitions

Absolute poverty is defined as lacking the minimum income necessary for basic needs, while relative poverty is defined in relation to the average income of society.

  1. a

    State the definition of absolute poverty.

    Aim for approximately 1 distinct marking point.

    [1]

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Paper 2 structured question: Poverty

Paper 2Structured Questions2 marks

Description

Relative vs Absolute Poverty

Relative poverty is about income comparison, while absolute poverty is a fixed measure of survival needs.

  1. a

    Explain the difference between absolute and relative poverty.

    Aim for approximately 2 distinct marking points.

    [2]