What is the difference between absolute poverty and relative poverty
Asked by admin @ in Social Studies viewed by 299 People
What is the difference between relative and absolute poverty?
Answered by admin @
Answer: Look below =3
Explanation: Absolute Poverty is used to describe a condition where an individual does not have the financial means to obtain commodities to sustain life. Relative Poverty refers to the standard of living compared to economic standards of living within the same surroundings.
I hope this helps =3
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