The distribution of poverty wealth and income

0.0(0)
studied byStudied by 0 people
call kaiCall Kai
learnLearn
examPractice Test
spaced repetitionSpaced Repetition
heart puzzleMatch
flashcardsFlashcards
GameKnowt Play
Card Sorting

1/38

encourage image

There's no tags or description

Looks like no tags are added yet.

Last updated 5:29 PM on 11/15/25
Name
Mastery
Learn
Test
Matching
Spaced
Call with Kai

No analytics yet

Send a link to your students to track their progress

39 Terms

1
New cards

wealth

refers to peoples assets and what a person sells for cash

  • jewellery

  • house

  • car

2
New cards

income

the money coming in to your bank account

3
New cards

marketable wealth

assets that can be bought and sold

4
New cards

non-marketable wealth

pensions or long term serving plans

5
New cards

productive property

unearned income e.g. money from a property that is rented out

6
New cards

consumption property

wealth that you have in the form of consumer goods

7
New cards

disposable income 

what you have left after paying tax 

8
New cards

discretionary income

what is left after tax, bills, food and travel costs

9
New cards

inheritance tax

a tax payed on something you inherit 

10
New cards

capital gains tax 

intended to reduce the profits of those who own shares

11
New cards

income tax

tax payed based on your salary

12
New cards

tax avoidance

  • legal

  • if you buy something but say its a business expense then you cant get taxed

13
New cards

tax evasion

  • illegal

  • you dont tell HMRC how much you earn so you can pay less tax

14
New cards

poverty statistics

  • 14.6 million live in poverty

  • 33.6% of children are in poverty

  • 50% of those in poverty are on a low income/have no job

  • 16% of pensioners are in poverty

  • 46% of lone parents are in poverty

15
New cards

ethnicity and poverty

there 5 reasons for poverty in EMG’s

  • low pay

  • unemployment

  • family types

  • underachievement in education

  • racism in employment

16
New cards

Wood

ethnicity and poverty

  • applied for the same job with the same CV’s just different last names

  • evans vs patel 

  • evans got invited back for more interviews

17
New cards

kenway and palmer

ethnicity and poverty

  • almost 50% of children in EMG homes lives in poverty compared to ¼ of white british

18
New cards

Ball

underachievement in schools could be caused by the ethnocentric curriculum

19
New cards

age and poverty 

  • 33.6% of children in the UK live in poverty

  • Hirsch said that poverty causes social and material hardhsips and so affects educational achievement 

20
New cards

what did Hirsch identify as factors that increase child poverty 

  • lone parenthood

  • low paid parents/unemployment

  • disability of parents

  • costs of childcare 

21
New cards

evaluation for ethnicity and poverty

  • F says it sets an example of what not to do and ensures a meritocracy and it increases motivation

  • M say that due to low pay children miss out on opportunities 

  • Nr say its nothing to do with ethnicity, its just that they are part of the underclass 

22
New cards

age and poverty evaluation

  • F says elderly being in poverty is good because theyve finished their role

  • Murray blames children being in poverty on the lack of primary soc. in SPF’s 

  • M says its because the capitalist system wont employ the elderly 

23
New cards

disability and poverty

  • 33% of adults with disability live in poverty (palmer) 

  • social exclusion 

  • unemployment

  • low pay

  • discrimination

  • inadequate benefits 

24
New cards

evaluation for disability and poverty

  • F says that jobs are created in the care sector 

  • M says bourgeoisie won’t hire disabled people

  • Murray says some people with disability can work but choose not to

25
New cards

gender and poverty

  • women are in part time due to child care and triple shift

  • women complete the expressive roll - home makers

  • middleton found that women bear the burden of making ends meet 

26
New cards

gender and poverty evaluation

  • F would says a womens job is to do the expressive role she shouldnt be working

  • Murrary would say women bring it on themselves by failing on peverse incentives 

  • M says capitalism is too blame and women are takers of shit

27
New cards

what do functionalists say about inequality in wealth

  • its good because it encourages people to work harder to get more rewards - meritocracy

  • it also creates jobs

28
New cards

Davis and moore 

  • functionalists

  • specialist skills

  • those with more skills get more rewards 

  • some jobs are more functionally important

29
New cards

Gans

  • functionalist

  • poverty means that the dirtiest jobs are always completed because people want some money

  • creates jobs

30
New cards

do functionalists think society would work without poverty 

no because no one would choose jobs like a doctor when you could do something easier and be the same 

31
New cards

criticisms of functionalism

  • there isnt a way of deciding if jobs are more important e.g. doctor vs nurse 

  • some people have inherited wealth and havent worked for it

  • some people arent motivated by money - its their passions

  • people dont work to avoid poverty - benefit scroungers

32
New cards

weberian theory

  • social action theorist

  • inequalities exist due to different market situations (skills)

  • many people have different market situations e.g. doctor vs singer 

  • celeb based society 

  • weak market situation = poverty 

33
New cards

what barriers may people face that gives them a weak market situation 

  • education  = cant pay for private schools 

  • language barriers (bernstein) 

34
New cards

what doesnt weber consider 

those with inherited wealth dont have a market situation because they require no skills for the money to be their

35
New cards

what do marxists think about inequality in wealth

  • Miliband says that poverty lies in the private ownership of the means of production 

  • and the concentration of ownership means few people own all the businesses

  • poverty is inevitable 

  • false class consciousness 

36
New cards

is poverty inevitable

  • yes this is because the working classes sell their labour 

  • the capitalist system causes poverty 

  • proletariat cant be socially mobile 

37
New cards

why do the r/c divide the w/c into those who work and those who dont

they use divide and rule through the media

  • they portray the w/c as honest workers and the underclass as benefit scroungers 

  • this means that more people start to work because they dont want to be known as a benefit scrounger 

38
New cards

are there some jobs in the uk that even the poor wont do 

yes - seasonal work because they dont see the point when they can just rely on benefits 

39
New cards

criticisms of marxism 

they ignore other ineuqality

  • gender

  • ethnic 

  • age 

  • and disability