Overall, the world is wealthier, but the distribution of that wealth is more unequal. Poverty has been alleviated in many places but persists globally.
Relative inequality relates to absolute poverty because both people will attempt to change their situation. They may also have the similar feelings for people who are rich.
Marx's analysis of economic inequality focuses on the progressive tax system.
Components of globalisation are as follows: 1. globalisation of market 2. globalisation of production 3. globalisation of technology 4. globalisation of investment
Because the wealth is given to very few. It being human nature not to share something good, inequality is created and since the wealth is never given to the poor, so is poverty.
Keshav Dev Gaur has written: 'Poverty Alleviation and Rural Diversification' 'Globalisation and economy' -- subject(s): Economic policy, Globalization 'Extent and measurement of poverty in India' -- subject(s): Poor, Statistical methods, Case studies, Poverty
D. Wedderburn has written: 'Poverty, inequality and class structure'
The US does not have the highest poverty rate globally, but it does have a significant poverty rate compared to other developed nations. Factors such as income inequality, access to healthcare, and social support systems contribute to the level of poverty in the US.
Poverty makes poor more n more poor as they can not afford basic needs .On the other side rich remain rich. This create inequality in India .Also the income as well as standard of living of poor and rich is unequal.
N. C. Kakwani has written: 'Income inequality and poverty'
yes i think globalisation affected other$yes i think globalisation affected other$yes i think globalisation affected other$
Comparative poverty is a measure of poverty, which is also used as a measure of inequality. It refers to looking at poverty in comparison with others. For example, if you live in a country where there is a lot of inequality, where there are very rich people living in proximity to very poor people, it is argued, that the poor in countries like these are more aware of their poverty as they can compare it with the wealth of others living relatively close to them. At the same time, if you are poor in a country where most other people are poor, it is further argued, that you will not be as aware of your poverty as you are comparing yourself to other poor people. Therefore comparative poverty refers to what poor people can compare themselves with and how that affects their own perceptions of their poverty.
when did the globalisation begin? help pleaseee