Question

Give two points difference between absolute and relative poverty

Answer 1

Answer:

the difference between absolute poverty and relative poverty is that the emission is difference. Absolute poverty means you have No money and you don't have any skills to make money while relative poverty means you have a little skills to make money although now you have little money.

Explanation:

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Answer 2

Answer:

Absolute Poverty

• Absolute Poverty refers to a phenomenon in which a section of the society is unable to fulfil even its basic necessities of life concerning food, clothing, housing, education and health.

• It is caused because of many factors like over population, low economic growth, over dependence on agriculture, etc.

• There are remedies to remove absolute poverty by Poverty Alleviation Programme and other ways.

• It is measured by 'Poverty Line.'

Relative Poverty

• Relative Poverty refers to a phenomenon in which inequalities of income exist and hence one person is poor in relation to other person.

• It is caused because of inequalities of income.

• It can't be removed as people have different skills and accordingly their incomes vary.

• It is measured by 'Gini Co- efficient.'