Question

briefly discuss the concept of relative and absolute poverty​

Answer 1

Answer:

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Absolute poverty refers to the state in which an individual cannot afford a basic subsistence level i.e. is insufficient in basic necessities of life like food, clothing and shelter. ... That is where the concept of relative poverty comes into picture. It is a concept that refers to the phenomenon of relative deprivation

Absolute poverty is one in which the income of the family or household is below the defined level, and so they cannot afford basic subsistence. On the other hand, relative poverty refers to the person's way of life, which is comparatively below than the minimum acceptable standard of living

Explanation:

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