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8 marksIncome Inequality, Poverty and Poverty Alleviation

CAPE Economics Unit 1 · 2015 · Paper 2 · Question 6(c)

The Millennium Development Goals aim to alleviate poverty, leading CARICOM governments to spend millions of dollars in resources.

Assess TWO economic benefits of this poverty alleviation expenditure by CARICOM governments.

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Other parts of this question

  1. 6(a)(i)Explain the concept of 'income inequality'.[3 marks]
  2. 6(a)(ii)Identify THREE measures used to reduce income inequality.[3 marks]
  3. 6(b)(i)List TWO ways of measuring poverty.[2 marks]
  4. 6(b)(ii)Explain THREE economic costs of poverty.[9 marks]

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