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What students need to learn:
definition of income inequality
definition of absolute poverty
definition of relative poverty
reasons to reduce poverty and inequality:
o meet basic needs
o raise standards of living
o ethical reasons.
government intervention to reduce inequality and poverty:
o progressive taxation
o redistribution through benefit payments
o investment in education and healthcare.
Student notes (copy):
Student notes (copy):
Policies to Reduce inequality:
Taxation
Using the link below work out how much tax the following pay and what % of their income they pay in tax:
Person A who has a low income of 15,000 GBP
Person B who earns the UK average income of 27000 GBP
Person C who is very rich and earns 200,000 GBP
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