Measurements of the poverty effects
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Measures of Poverty
Absolute poverty – income below a certain threshold necessary to meet basic necessities of life (food, shelter, clothing, rent)
Relative poverty – Individuals receiving income a certain level (e.g. 50%) below the median income of the general population.
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Absolute poverty – income below a certain threshold necessary to meet basic necessities of life (food, shelter, clothing, rent)
Relative poverty – Individuals receiving income a certain level (e.g. 50%) below the median income of the general population.
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