A Billion Hungry People
Based on the previous examples and explanations, do you agree with the concept of a nutrition-based poverty trap?
Yes or No, anyone gains points with correct explanation
What is the riches line?
The point where additional wealth does not bring any more flourishment
What is the term for firms treating customers unfairly based on their location in disadvantaged areas?
The Favela Effect
What population is interviewed in the At Home in Asian America article
Asian American Population
What is market fundamentalism
Blindly promoting free markets and austerity without considering their negative effects
Who said "No substantial famine has ever occurred in any independent and democratic country with a relatively free press"
Options: William Easterly, Jeffrey Sachs, Amartya Sen, Herve Horner
Amartya Sen
What is relative vs absolute measurement of the riches line? And what approach did Robeyns take?
Relative is in comparison to others in society whereas absolute is based on fixed standards that do not change
Chose absolute
How much % more do favela customers pay for delivery compared to nearby areas?
45% more
True or false: hate-crime prosecution is common
False
What is washington consensus
a set of economic policies promoted by the IMF, the World Bank, and the U.S. Treaury
How many people are suffering from hunger according to the UNited Nations Food and Agriculture Organization in 2009
Options: 100m, 750m, 1b, 2b
1b
What is one main factor influencing the riches line other than wealth level?
Context of the country
Name on way firms discriminate against favela customers
blocking zip codes or marking products "out of stock"
What is the new law creating dissent within the New York community
Bail Reform Law
What are two of the policy recommendations
Reform the IMF, Reject one-size-fits all policies, allow capital controls when necessary, better sequencing of economic reforms
What are two foods that together costs 21 cents a day and would achieve 2400 calories if eaten day in and day out
Options: chicken, apples, eggs, rice, banana, eggs, carrots, potatoes
bananas and eggs
What is Drewnowski's line called?
The affluence line
What physical assets help firms serve favela better
Physical Stores
Who is in favour of the bail reform law
civil-rights activists who believe that rolling back that reform & increasing police presence would disproportionately hurt Black Americans
What are 2 critiques of Stiglitz's work
Lack of recognition for IMF firms, oversimplification of economic policy, debate over capital controls
What number in the U.N. millennium development goal is the goal to "eradicate extreme poverty and hunger"
OPtions: 1, 2, 3, 4, 8
1
What is the percentage of the population in America controlled by Ultra Rich
11%
What two benefits do firms gain from engaging with favela communitities
Better performance and customer loyalty
By fighting shelters, criticizing the bail reform & pushing for harder sentencing, which other community is marginalized?
the Black Community of New York
IN the east asian financial crisis, what caused a collapse in the stock market?
Speculative attacks on regional currencies, starting with the Thai Baht and a massive capital flight