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Poverty And Unemployment

Telangana Open School (TOSS) · Class 12 · Economics

Flashcards for Poverty And Unemployment — Telangana Open School (TOSS) Class 12 Economics. Quick Q&A cards covering key concepts, definitions, and formulas.

46 questions25 flashcards5 concepts

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25 Flashcards
Card 1Definition of Poverty

What is poverty?

Answer

Poverty is a socio-economic condition where individuals lack the financial resources to meet basic needs like food, clothing, and shelter. It can also include lack of access to education, healthcare,

Card 2Types of Poverty

Define absolute poverty.

Answer

Absolute poverty refers to the condition where a person cannot afford the minimum consumption of food, clothing, and shelter required for survival. In India, it is measured by calorie intake—2,400 cal

Card 3Types of Poverty

What is relative poverty?

Answer

Relative poverty refers to inequality in income and standard of living compared to others in society. A person may have basic needs but is still considered poor relative to wealthier individuals. For

Card 4Poverty Line

What is the poverty line?

Answer

The poverty line is a threshold used to determine who is poor based on income or consumption. In India, it is calculated by the NITI Aayog using data from the National Sample Survey Office. For exampl

Card 5Poverty Line

What was the poverty line in urban areas as per the Rangarajan Committee (2011-12)?

Answer

According to the Rangarajan Committee (2011-12), a person spending less than ₹1,407 per month (or ₹47 per day) in urban areas is considered poor.

Card 6Causes of Poverty

How does colonial rule contribute to poverty in India?

Answer

British colonial rule exploited India’s resources, destroyed local industries, and exported raw materials cheaply. This weakened the economy, reduced employment, and left long-term structural poverty

Card 7Causes of Poverty

Explain how population growth leads to poverty.

Answer

Rapid population growth increases pressure on limited resources like land and jobs. It leads to land fragmentation, lower per capita income, and higher dependency ratios, making it harder for families

Card 8Causes of Poverty

How does inflation affect poverty?

Answer

Inflation, especially in food prices, increases the cost of basic necessities. Poor families spend a large portion of their income on food, so rising prices push them further into poverty by reducing

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Frequently Asked Questions

What are the important topics in Poverty And Unemployment for Telangana Open School (TOSS) Class 12 Economics?
Poverty And Unemployment covers several key topics that are frequently asked in Telangana Open School (TOSS) Class 12 board exams. Focus on the core concepts listed on this page and practise related questions to build confidence.
How to score full marks in Poverty And Unemployment — Telangana Open School (TOSS) Class 12 Economics?
Understand the core concepts first, then work through the 46 practice questions available for this chapter. Revise formulas and definitions regularly, and use flashcards for quick recall before the exam.
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There are 25 flashcards for Poverty And Unemployment covering key definitions, formulas, and concepts. Use them daily for 10–15 minutes for best results.

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