Question
1. Categorize the following reasons for caring about poverty, development and inequality as either normative or positive: a. Poverty may prevent people from making investments
1. Categorize the following reasons for caring about poverty, development and inequality as either normative or positive:
a. Poverty may prevent people from making investments in their future that cause their children to remain in poverty.
b. In a world with a global per capita annual GDP of over $17,000, it is wrong that some people go hungry.
c. High degrees of inequality may lead to underinvestment in public goods such as education or public health, because the extremely wealthy can supply these goods privately for themselves.
2. There are many ways in which COVID-19 will continue to significantly impact developing countries. Choose one way, briefly describe it, and explain in a normative and a positive reason for why this concern is important.
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started