Social Sciences, asked by krithikasekharn, 15 hours ago

2.Poverty a global phenomenon, Explain
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Answers

Answered by MiliRai
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Explanation:

Poverty is general scarcity or the state of one who lacks a certain amount of material possessions or money. It is the condition where people's basic needs for rations, clothing, and protection are not being provided.

Poverty is generally of two types. Absolute poverty and Relative poverty. Absolute poverty or destitution refers to the lack of means necessary to meet basic needs such as food, clothing and shelter. Relative poverty occurs when people do not benefit from a definite least amount level of livelihood values as compared to the rest of the public and so would vary from country to country, at times within the same country.

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