Poverty and income inequality

An economic argument for income distribution focusing on maximizing overall happiness or utility in society.

Utilitarianism

An economic argument for income distribution emphasizing individual rights, freedoms, and equality of opportunity.

Liberalism

An economic argument for income distribution advocating minimal government intervention and maximum individual freedom.

Libertarianism

A key figure in human development theory, emphasizing the importance of increasing people's capabilities and freedoms to achieve their goals.

Amartya Sen

The process of increasing people's functioning and capabilities, including basic economic rights and access to essential services.

Human Development

Amartya Sen's approach focusing on functionings (what a person can do or have) and capabilities (the sum of functionings) to measure human development.

Capability Approach

The income level below which a person or household is considered poor, often calculated based on survival or food subsistence needs.

Poverty Threshold

Unequal distribution of wealth, resources, and opportunities among different regions, leading to varying levels of poverty and development.

Regional Disparities

A tax system where the wealthy pay a higher percentage of their income in taxes compared to the poor, aiming to reduce income inequality.

Progressive Taxation

Pantawid Pamilyang Pilipino Program, a conditional cash transfer program in the Philippines aimed at reducing poverty and improving the well-being of low-income families.

4P's Program