Absolute poverty - Study guides, Class notes & Summaries

IGCSE Economics Definitions ABNORMAL PROFIT The surplus of revenue over costs enjoyed by a monopoly that is in excess of profit the same firm could expect to earn if it faced competition for its market. ABSOLUTE ADVANTAGE The ability of a country or region to produce a good or service at a lower average cost per unit than any other country or region is able to. ABSOLUTE POVERTY An economic condition of lacking both money and basic necessities needed to successfully l...

Stipulation - An agreement between two opposing counsel. Subordination - The procuring of another person to commit perjury. What do you do when a party to a lawsuit andhis attorney request a copy of a transcript? - You send a copy and an invoice. Pro se - Someone who represents himself in a court action. What's the time regarding a court reporter's deadlinefor filing the transcript in a civil case on appeal? - It starts on the date following the filing of the appeal. tete-a-tete - a pri...

Sociology Clep Exam Questions & Answers 2024/2025 Absolute poverty - ANSWERSA standard of poverty based on a minimum level of subsistence below which families should not be expected to exist. Achieved status - ANSWERSA social position attained by a person largely through his or her own efforts. Activity theory - ANSWERSAn interactionist theory of aging that argues that elderly people who remain active will be best-adjusted. Adoption - ANSWERSIn a legal sense, a process that allows ...

Sociology Clep Exam Questions & Answers 2024/2025 Absolute poverty - ANSWERSA standard of poverty based on a minimum level of subsistence below which families should not be expected to exist. Achieved status - ANSWERSA social position attained by a person largely through his or her own efforts. Activity theory - ANSWERSAn interactionist theory of aging that argues that elderly people who remain active will be best-adjusted. Adoption - ANSWERSIn a legal sense, a process that allows ...

Measuring Development : Methods: 1. Poverty head count ratio 2. GDP 3. Human development index 4. Gini coefficient 5. Happy planet index 6. Inclusive wealth index 7. Genuine progress indicator Poverty : Deprived of necessities of life such as food, shelter and water. For Development we WANT reduction of poverty. Poverty is classified to two sections: 2 | P a g e 1. Absolute poverty (deprived from the basic necessities) 2. Relative poverty (poverty line) -1/2 of median household ...

state - self-governing political entity with sovereignty and characteristics that include territrory, population, organization and recognition. Universally, it is the highest political organization. Failed State - A state characterized by social, political, and economic failure. Common Characteristics of a Failed State - a central government too weak or ineffective to control its territory, non-provision of public services, widespread corruption and criminality, refugees and involuntary mov...

Absolute advantage - ANSWERSWhen a country's output of a product per unit of input is greater than that of any other country. Absolute poverty - ANSWERSWhen a person does not have the income or wealth to fulfil their basic needs. Aggregate Demand (AD) - ANSWERSThe total demand/spending in an economy at a given price level over a given period of time. Made up of consumption, investment, government spending and net external demand. Aggregate Supply (AS) - ANSWERSThe total amount of goods...

IB Global Politics Terms, Concepts, and Ideas 100% Pass state self-governing political entity with sovereignty and characteristics that include territrory, population, organization and recognition. Universally, it is the highest political organization. Failed State A state characterized by social, political, and economic failure. Common Characteristics of a Failed State a central government too weak or ineffective to control its territory, non-provision of public services, widespr...

Sociology 101 Straighterline Exam Questions and Complete Solutions __________ involves aspects of social life that have to do with order, stability, and social organization that allow societies and groups to hold together and endure. - Answer: Social statics Herbert Spencer viewed society as a system, having important similarities with - Answer: a biological organism __________ refers to processes of social life that pattern institutional development and have to do with social change. -...

Sociology CLEP Exam Questions and Answers All Correct Absolute poverty - Answer-A standard of poverty based on a minimum level of subsistence below which families should not be expected to exist. Achieved status - Answer-A social position attained by a person largely through his or her own efforts. Activity theory - Answer-An interactionist theory of aging that argues that elderly people who remain active will be best-adjusted. Adoption - Answer-In a legal sense, a process that allow...