Economy, asked by sahil693, 1 year ago

difference between absolute and relative poverty in points

Answers

Answered by monikasharma3
2
Absolute poverty includes the lack of biological necessities, such as food, water, clothing, housing, and sanitation, whereas, relative povertyrefers to a poverty line, and is a definition of the amount of income a person needs to satisfy basic needs.

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Answered by Sirinben
1
Absolute poverty-those people of a society whi are not able to purchase the basi needs of life example food grains milk vefes at lowest market rate are called to be abso...
Relative - a society has different income groups among them some groups have low income in comparison to others such a group is known as
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