0

The Psychology of Poverty and Income Inequality

Description: This quiz explores the psychological aspects of poverty and income inequality, including the impact on individuals, families, and communities.
Number of Questions: 15
Created by:
Tags: economics economic psychology poverty income inequality
Attempted 0/15 Correct 0 Score 0

Which of the following is NOT a common psychological consequence of poverty?

  1. Increased stress and anxiety

  2. Lower self-esteem and confidence

  3. Greater resilience and optimism

  4. Difficulty concentrating and making decisions


Correct Option: C
Explanation:

Poverty is often associated with increased stress, anxiety, and difficulty concentrating, while resilience and optimism are typically associated with more positive life circumstances.

According to research, how does poverty affect a child's cognitive development?

  1. It can lead to delays in language and cognitive skills.

  2. It has no significant impact on cognitive development.

  3. It can improve cognitive development by fostering resilience.

  4. It can lead to enhanced creativity and problem-solving skills.


Correct Option: A
Explanation:

Research has shown that poverty can negatively impact a child's cognitive development, leading to delays in language and cognitive skills.

Which psychological factor is often associated with the cycle of poverty?

  1. Learned helplessness

  2. Locus of control

  3. Self-efficacy

  4. Optimism bias


Correct Option: A
Explanation:

Learned helplessness is a psychological state in which individuals believe that they have no control over their circumstances, leading to a sense of hopelessness and resignation, which can perpetuate the cycle of poverty.

How does income inequality affect social cohesion and trust within a society?

  1. It can lead to increased social cohesion and trust.

  2. It has no significant impact on social cohesion and trust.

  3. It can lead to decreased social cohesion and trust.

  4. It can lead to greater cooperation and collaboration.


Correct Option: C
Explanation:

Income inequality can create divisions and resentment among different socioeconomic groups, leading to decreased social cohesion and trust.

Which psychological bias is often observed among individuals living in poverty?

  1. Confirmation bias

  2. Optimism bias

  3. Pessimism bias

  4. Availability heuristic


Correct Option: C
Explanation:

Individuals living in poverty often exhibit a pessimism bias, which leads them to focus on negative information and expect negative outcomes.

How does poverty impact an individual's mental health?

  1. It can increase the risk of mental health disorders.

  2. It has no significant impact on mental health.

  3. It can improve mental health by fostering resilience.

  4. It can lead to enhanced emotional well-being.


Correct Option: A
Explanation:

Poverty is often associated with an increased risk of mental health disorders, such as depression, anxiety, and post-traumatic stress disorder (PTSD).

Which psychological factor is associated with upward economic mobility?

  1. Grit

  2. Intelligence

  3. Luck

  4. Social connections


Correct Option: A
Explanation:

Grit, which refers to perseverance and resilience in the face of challenges, is a psychological factor that has been linked to upward economic mobility.

How does income inequality affect the physical health of individuals?

  1. It can lead to poorer physical health outcomes.

  2. It has no significant impact on physical health.

  3. It can improve physical health by promoting healthy behaviors.

  4. It can lead to enhanced longevity.


Correct Option: A
Explanation:

Income inequality is associated with poorer physical health outcomes, such as higher rates of chronic diseases, infant mortality, and shorter life expectancy.

Which psychological factor is associated with the intergenerational transmission of poverty?

  1. Negative parenting practices

  2. Parental expectations

  3. Family values

  4. Cultural beliefs


Correct Option: A
Explanation:

Negative parenting practices, such as harsh discipline and lack of emotional support, can contribute to the intergenerational transmission of poverty.

How does poverty impact a child's educational attainment?

  1. It can lead to lower educational attainment.

  2. It has no significant impact on educational attainment.

  3. It can improve educational attainment by fostering resilience.

  4. It can lead to enhanced academic performance.


Correct Option: A
Explanation:

Poverty is often associated with lower educational attainment, as children from low-income families may face barriers such as lack of access to quality education, inadequate resources, and family instability.

Which psychological factor is associated with financial decision-making among individuals living in poverty?

  1. Present bias

  2. Future orientation

  3. Risk aversion

  4. Long-term planning


Correct Option: A
Explanation:

Individuals living in poverty often exhibit present bias, which refers to a tendency to prioritize immediate rewards over long-term benefits, leading to impulsive decision-making and difficulty in saving money.

How does income inequality affect the psychological well-being of individuals?

  1. It can lead to lower psychological well-being.

  2. It has no significant impact on psychological well-being.

  3. It can improve psychological well-being by promoting social comparison.

  4. It can lead to enhanced life satisfaction.


Correct Option: A
Explanation:

Income inequality can negatively impact psychological well-being, leading to feelings of envy, resentment, and dissatisfaction.

Which psychological factor is associated with the experience of relative poverty?

  1. Social comparison

  2. Reference group theory

  3. Relative deprivation theory

  4. Status inconsistency theory


Correct Option: C
Explanation:

Relative deprivation theory suggests that individuals experience poverty not only in absolute terms but also in relation to others, leading to feelings of injustice and resentment.

How does poverty impact an individual's sense of agency and control?

  1. It can lead to a decreased sense of agency and control.

  2. It has no significant impact on sense of agency and control.

  3. It can improve sense of agency and control by fostering resilience.

  4. It can lead to an enhanced sense of empowerment.


Correct Option: A
Explanation:

Poverty can undermine an individual's sense of agency and control, leading to feelings of powerlessness and resignation.

Which psychological factor is associated with the experience of chronic poverty?

  1. Learned helplessness

  2. Locus of control

  3. Self-efficacy

  4. Optimism bias


Correct Option: A
Explanation:

Learned helplessness is a psychological state in which individuals believe that they have no control over their circumstances, leading to a sense of hopelessness and resignation, which is often associated with chronic poverty.

- Hide questions