Why does poverty persist? How does inequality shape economies? In this video, Geoff Riley, Co-Founder of Tutor2u, breaks down the key economic concepts behind poverty and inequality—two of the biggest challenges facing global and national economies today.

We’ll explore:

✅ The difference between absolute and relative poverty

✅ Global poverty trends and the impact of COVID-19

✅ Why some regions have seen huge reductions in poverty while others struggle

✅ Multidimensional poverty—why income alone isn’t the full picture

✅ How we measure inequality using the Gini coefficient & Palma Ratio

✅ The economic impact of inflation, debt crises, and food insecurity

Whether you’re studying for A-Level Economics, IB Economics, or GCSE Economics, this video is packed with exam-relevant insights to help boost your understanding and your grades!