Local Economic Development
QUESTION 1
LED520S
State whether the following statements are TRUE or FALSE.
a) Poverty is the state of someone who lacks a certain amount of material possessions.
{2)
b) Vulnerability is how different people or families are likely to fall into poverty or remain poor.
{2)
c) There are no publications on poverty in Namibia to enable one to understand the state
of poverty in the country.
{2)
d) Deprivation is unmet needs due to lack of resources of all kinds.
{2)
e) Employment Deprivation is an Indicator of deprivation concerning number of people who
are unemployed.
{2)
f) Micro-enterprises are not uniform and cover a wide range of economic activities.
{2)
g) One of the key steps to generating a good business idea is the role of the Government.
{2)
[14]
QUESTION 2
In a table format, list the differences between the formal sector and informal sector in relation to their
characteristics.
[12]
QUESTION 3
a) What does the poverty theory explain to us?
(4)
b) List and discuss six domains/indicators used for measuring multiple deprivation.
{12)
[16]
QUESTION 4
The following are tools for measuring poverty. Describe each of them, showing how they can be used in LED:
a) Head count index
(5)
b) Poverty line
(5)
c) Why is it important to measure poverty?
(5)
[15]
First Opportunity Examination Question Paper
Page 2 of 3
November 2022