Studied by 2 people
Lack of access
________ to credit and other financial resources reduces opportunities for individuals to invest in education and to trade goods and services with others.
Poverty
________ has traditionally been measured using income- or consumption based guidelines.
Governmental instability
________ decreases the attractiveness of investments by foreign producers, an important source of growth and income.
Income ratios
measures of income inequality that compare the earnings of those at one point in the income distribution to the earnings of those at another point in the income distribution.
An income distribution shows
the levels of income in an economy and the percentage. of individuals or households earning those income levels
poverty line
is a specific level of income or consumption below which a person is classified as being in poverty
poverty rate
is the percentage of people with incomes below the poverty line. Poverty rates vary across time, place, and demographic factors.
