CAPE Economics Unit 1 · 2014 · Paper 2 · Question 6(a)(i)
Distinguish between 'relative poverty' and 'absolute poverty'.
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- 6(a)(ii)Outline TWO strategies that governments can employ to alleviate poverty.[4 marks]
- 6(b)(i)Draw and label a diagram showing the Lorenz curve for both Country A and Country B. Indicate the line of equality on the diagram.[5 marks]
- 6(b)(ii)Explain the concept of 'income inequality'.[3 marks]
- 6(b)(iii)Compare the income share of the bottom 50% of the population of Country A and Country B.[3 marks]
- 6(b)(iv)Outline THREE measures that the government of the country with higher inequality can implement to narrow the gap between the two countries.[6 marks]
More practice: the rest of this paper · more Income Inequality, Poverty and Poverty Alleviation questions · all CAPE Economics Unit 1 past papers