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    Questions 1 To 7 Are Based On The Following Passage.: Practice

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    SatishKumar
    The passage discusses global poverty estimates and inequality. It notes that the World Bank updated its global poverty line in 2008 from $1 to $1.25 per day. It also discusses different poverty lines used for developing and wealthy countries. While poverty has decreased in some areas, inequality remains high worldwide. The passage emphasizes that both reducing poverty and inequality are important to consider. It concludes by noting that income distribution has become more unequal in most places, with large gaps between the rich and poor.

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    Questions 1 To 7 Are Based On The Following Passage.: Practice

    Uploaded by

    SatishKumar
    129 views3 pages
    The passage discusses global poverty estimates and inequality. It notes that the World Bank updated its global poverty line in 2008 from $1 to $1.25 per day. It also discusses different poverty lines used for developing and wealthy countries. While poverty has decreased in some areas, inequality remains high worldwide. The passage emphasizes that both reducing poverty and inequality are important to consider. It concludes by noting that income distribution has become more unequal in most places, with large gaps between the rich and poor.

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    The passage discusses global poverty estimates and inequality. It notes that the World Bank updated its global poverty line in 2008 from $1 to $1.25 per day. It also discusses different poverty lines used for developing and wealthy countries. While poverty has decreased in some areas, inequality remains high worldwide. The passage emphasizes that both reducing poverty and inequality are important to consider. It concludes by noting that income distribution has become more unequal in most places, with large gaps between the rich and poor.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    129 views3 pages

    Questions 1 To 7 Are Based On The Following Passage.: Practice

    Uploaded by

    SatishKumar
    The passage discusses global poverty estimates and inequality. It notes that the World Bank updated its global poverty line in 2008 from $1 to $1.25 per day. It also discusses different poverty lines used for developing and wealthy countries. While poverty has decreased in some areas, inequality remains high worldwide. The passage emphasizes that both reducing poverty and inequality are important to consider. It concludes by noting that income distribution has become more unequal in most places, with large gaps between the rich and poor.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    of 3

    PRACTICE

    Questions 1 to 7 are based on the following passage.

    1 In August 2008, the World Bank presented a major overhaul to its estimates
    of global poverty, incorporating what is described as new and better data.
    The World Bank’s long-held estimate of the number of people living on the
    equivalent of US Dollar 1.00 a day has now been changed to US Dollars 1.25
    a day. The World Bank also adds that the previous US Dollar 1.00 a day 5
    estimate for the International poverty line would have been US Dollars 1.45 a
    day at 2005 prices if only inflation was accounted for.

    2 Poverty lines include US Dollar 1.00 a day, US Dollars 1.25 a day, US


    Dollars 1.45 a day, US Dollars 2.00 a day (typical for many developing
    countries), and US Dollars 2.50 a day (which includes a poverty level for 10
    some additional countries), and US Dollars 10.00 a day, which a World Bank
    report referred to if looking at poverty from the level of a wealthy country,
    such as the United States.

    3 But even with some poverty reduction, inequality is quite high in many
    regions around the world. While poverty alleviation is important, so too is 15
    tackling inequality. Inequality is often discussed in the context of relative
    poverty, as opposed to absolute poverty.

    4 That is, even in the wealthiest countries, the poor may not be in absolute
    poverty (the most basic of provisions may be obtainable for many) or their
    level of poverty may be a lot higher than those in developing countries, but in 20
    terms of their standing in society, their relative poverty can also have serious
    consequences such as deteriorating social cohesion, increasing crime and
    violence, and poorer health.

    5 Some of these things are hard to measure, such as social cohesion and
    the level of trust and comfort people will have in interacting with one another 25
    in the society. Nonetheless, over the years, numerous studies have shown
    that sometimes the poor in wealthy countries can be unhappier or find it
    harder to cope than poor people in poorer countries.

    6 In the context of tackling poverty then, the World Bank for example, sees
    the key factors in reducing poverty as the increase in the rate of growth as 30
    well as the reduction in income differences.

    7 The World bank also adds that as well as increased growth, additional
    key factors to reducing poverty will be the reduction in inequality and the
    reduction in income differences.

    8 A few places around the world do see increasing rate of growth in a 35


    positive sense. But globally, there is also a negative change in income
    distribution. The reality, unfortunately, is that the gap between the rich and
    poor is quite wide in most places.

    (Adapted from http://www.globalissues.org/print/article/4)

    1
    Figure 1: Income Distribution

    (Source: World Bank Development Indicators 2008)

    1 The poor in rich countries are not grateful that they are better off than the
    poor in really poor countries.
    A. True
    B. False
    C. Not stated

    2 In wealthy countries the poverty line is at US Dollars 2.50 a day.


    A. True
    B. False
    C. Not stated

    3 Reducing income differences is not an important factor in reducing poverty.


    A. True
    B. False
    C. Not stated

    In most places, the rich will always get richer and the poor will always get
    4 poorer.
    A. True
    B. False
    C. Not stated

    2
    5 The poor in the wealthiest countries create serious social problems in
    society.
    A. True
    B. False
    C. Not stated

    6 Studies have shown that the poor in wealthy countries are able to cope better
    than the poor in poorer countries.
    A. True
    B. False
    C. Not stated

    7 Figure 1 shows the gap between the richest and the poorest in South Asia is
    smaller than that in Latin America.
    A. True
    B. False
    C. Not stated

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