How is relative poverty different from absolute poverty
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when a person have no food,shelter and good heath is in absolute poverty.
And when a country is not able to earn 20% of per capita income is known as relative poverty
And when a country is not able to earn 20% of per capita income is known as relative poverty
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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.'
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