5.3 - Summary Table
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Practice Questions
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What is the definition of poverty?
💡 Hint: Think about what people need to survive.
Name one impact of inflation.
💡 Hint: Consider how price changes affect daily expenses.
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Interactive Quizzes
Quick quizzes to reinforce your learning
What is the primary definition of poverty?
💡 Hint: Consider what defines a basic standard of living.
True or False: Inflation increases the purchasing power of money.
💡 Hint: Think about how higher prices affect your ability to buy things.
2 more questions available
Challenge Problems
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Discuss how the intersection of poverty and unemployment can perpetuate social issues in India. Provide real-life examples to support your argument.
💡 Hint: Reflect on how lack of education affects job prospects.
Calculate the potential impact of implementing a universal basic income (UBI) on poverty levels in India, based on historical data on minimum wages and poverty rates.
💡 Hint: Consider examples from other countries that have implemented UBI.
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