Examgyani Team
Asked: November 5, 20232023-11-05T06:45:05+05:30
2023-11-05T06:45:05+05:30In: English
Differentiate between absolute poverty and relative poverty.
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Answer:
Absolute poverty is defined as the inability to achieve the minimum requirement of life, health, and efficiency as a result of a very low level of income. On the other hand, relative poverty makes a comparison of relative levels of income of different people or groups of the population to determine who is poor.