Question

Define relative poverty(about 100 words) ​

Answer 1

Answer:

Relative poverty means poverty defined in comparison to other people's standing in the economy. Thus a person can be poor in the relative sense, even if she is not poor in the absolute sense, that is, can meet her basic needs.

Answer 2

Answer:

Relative poverty means povertydefined in comparison to other people's standing in the economy. Thus a person can be poor in therelative sense, even if she is not poor in the absolute sense, that is, can meet her basic needs.

Relative poverty refers to the lack of income needed to maintain the average standard of living in your society. ... An example of someone in relative poverty is a person who does not have a job and relies on government assistance to maintain.