Economy, asked by bhandarisanjana06, 4 hours ago

examples of absolute poverty and relative poverty in your own words please it's urgent answer it very soon​

Answers

Answered by itztaesprincessliza
24

Answer:

Absolute poverty is when household income is below a certain level, which makes it impossible for the person or family to meet basic needs of life including food, shelter, safe drinking water, education, healthcare, etc.

Answered by lakshmanshankar05
0

Answer:

Definition of absolute and relative poverty

Absolute poverty – is a condition where household income is below a necessary level to maintain basic living standards (food, shelter, housing). ...

Relative poverty – Causes of relative poverty include unemployment, poor health, and inequalities within the labor market. An example of someone in relative poverty is a person who does not have a job and relies on government assistance to maintain.

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