Key Concepts in Sociology: Global Inequality and Society
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Global Inequality
- High Income: Highly industrialized, educated, urbanized, and technologically advanced. (16% of global population)
- Middle Income: Less developed and wealthy than high-income nations, often due to a historical late start. (75% of global population)
- Low Income: Primarily agricultural; characterized by poverty, malnutrition, educational deprivation, and preventable diseases. (9% of global population)
Extreme Poverty
- A form of absolute poverty characterized by severe deprivation of basic human needs: food, safe drinking water, sanitation, health, shelter, and education.
- Statistics: The World Bank defines extreme poverty as living on less than $2.15 per day. As of 2021, approximately 8.5% of the global population lived in extreme poverty,
