IGCSE Development Studies: Specimen Questions with Answers 7 - 8 of 98

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Indicators Poverty in a Country

Question 7 (7 of 7 Based on Passage)

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Short Answer▾

State the advantages of poverty indicators.

Explanation

Advantages of Poverty Indicators Are

  • Flexible: The poverty indicators are flexible they can be adopted to various purposes such as individual, household, groups communities or states.
  • Choice: With binary, qualitative and categorical data the measure can be constructed. For each indicator the weight and poverty cut off can be varied.
  • Identification: The identification of the poor՚s can be done easily and is transparent, as the number of dimensions rises its measurement will be focused on the poorest of all.
  • Effectiveness: The indicators of poverty are effective and can be applied to monitor and reduce the level of poverty over time.

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Removing Poverty

Question 8 (1 of 7 Based on Passage)

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Discuss two ways of removing poverty.

Explanation

One of the biggest challenges of the world is poverty eradication. In alleviating poverty private sector plays a major role in increasing growth of the economy, employment generation and purchasing options for reduction in poverty.

The ways to reduce poverty are:

  • Jobs creation: The best way to overcome poverty is to create well-paying jobs. The central government aim should be of increasing investment in strategies for job creation like, industrial development, infrastructural development, renovation of abandoned houses, developing renewable energy resource and other investments that aim at boosting the economic growth and helps in creation of jobs.
  • Raise minimum wages: By raising the minimum wage and indexing it to inflation would lift majority of the population of the world out of poverty.
Agricultural Trade between USA and Mexico

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