Economy, asked by sajadparay572, 4 months ago

Distinguish between absolute and relative
poverty.

Answers

Answered by Anonymous
2

Answer:

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.

Answered by tanusrig235
2

Answer:

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.

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