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What is the primary focus of the Millennium Development Goals (MDGs) mentioned in the context of vertical inequality?

  1. The MDGs are concerned with the number of individuals living in poverty worldwide.
  2. The MDGs aimed to increase global inequality.
  3. The MDGs focused solely on economic growth, irrespective of poverty.

    AAll

    Bi only

    Ciii only

    Dii, iii

    Answer:

    B. i only

    Read Explanation:

    • The millennium development goals (MDGs) are concerned with the number of individuals liv ing in poverty in the world as a whole.

    • Thirdly, there is evidence that a more equal economy grows faster.

    • Hence, reduction of vertical inequality becomes an economic objective.

    • Fourthly, higher inequality is generally associated with higher rates of criminality.

    • In view of these, developing policies to reduce vertical inequality are important.


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    Which of the following statements accurately describe absolute poverty?

    1. Absolute poverty signifies the sheer deprivation or non-fulfillment of bare minimum needs of existence.
    2. It is primarily based on a comparison of income levels between different social classes.
    3. People are defined as poor when their absolute needs, such as food and shelter, are not sufficiently satisfied.
    4. Absolute poverty is a concept mainly relevant to highly developed countries.