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I. Find answers in the text:

1. What does it mean to be wealthy? 2. What can wealth include to a person (family, company, country)? 3. What kind of wealth belongs to you? 4. What is income? 5. What are different sources of income? 6. Is there inequality in wealth in different countries? 7. What is the situation with inequality in wealth in the United Kingdom? 8. Is poverty characteristic to developing countries or developed industrialized ones? 9. What is poverty line? 10. What is extreme poverty? 11. Why does

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poverty exist? 12. What is the «poverty trap»? 13. Do governments provide free schooling and social help?

II. Complete the sentences as in the text.

1. Wealth means all the collected store of… 2. Income is the amount of money that a person… 3. People live in absolute poverty when they live… 4. In developing countries causes of absolute poverty include natural… 5. People with a low income spend everything they… 6. When governments provide free schooling, the poor may not send their children to school because… 7. A nation that has almost no savings cannot…

III. Match the words and phrases with the definitions.

Valuable, invest, pension scheme, static, belongings, flow, distribution, interest, savings, inequality, extent, stocks and shares, store

A. to lend money to a company or bank in order to earn more money

B. how large or important something is

C. the way in which a supply of something, like money, is shared among people

D. money puts somewhere for later use, for example in the bank

E. immobile, not moving

F. unfairness

G. a way of saving money for when you get old and stop working H. things someone owns, but usually things that can be moved

I. if you save money in a bank, you get this extra money for keeping it there

J. movement like a river

K. important or worth money

L. a collection or supply of things kept for later use

M. part of the value of a company – people buy and sell these

IV. Now read the text again and match some paragraphs with the correct heading.

Paragraph 1……………………………………… Paragraph 3 ……………………………………… Paragraph 5 ……………………………………… Paragraph 6 ………………………………………

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A. What is wealth

B. Inequalities in wealth

C. Inequalities in income

D. Kides of poverty

V. Complete each sentence with a word or phrase from the box:

absolute, associate, average, corruption, cycle, define, generation, natural disasters, shelter, trap

1. We……………… high crime rates with poverty and

unemployment.

2. Having a , a roof over your head, is a basic need of

humankind.

  1. How does the dictionary this word?

  2. Floods, droughts, hurricanes and other are happening

more frequently.

  1. Giving money secretly to judges or politicians so that they help you is an example of

  2. Hunters will sometimes set a instead of using a gun.

  3. Let’s hope the next finally put an end to hunger and

poverty.

8. The world’s water supply is a which involves the sea,

rainfall and rivers.

9. If somebody lives in poverty, that means they are

completely without money to buy basic necessities.

10. The salary at that company is very high.