Economy, asked by PragyaTbia, 1 year ago

_______ poverty is an universal phenomenon. (Fill in the blank by choosing correct option)
1) Absolute
2) Relative
3) Urban
4) Rural

Answers

Answered by orangesquirrel
2

Relative poverty is an universal phenomenon.

* Relative poverty is based on comparison between the different income groups existing in a society.

* It depends on the standard income in a given country. It is existent if a particular household is having less income than the standard income level of the country.

* Hence, this exists worldwide as there are always differences in income of different households and this determines relative poverty.

Answered by presentmoment
0

Rural poverty is a universal phenomenon.

Option 4)

Explanation:

  • Rural poverty is substantially high in India; it is much more than urban poverty, both in number and in percentage term. In India, even after nearly forty years of planning, poverty could not be significantly reduced.
  • While it has reduced a bit in percentage terms, it might have increased. Economic growth has not been fast sufficient to get the desired reduction in poverty about the year as a whole.  
  • Rural poor include landless and marginal farmers. There is a broad economic gap between urban poor and rural poor. The living condition of the urban poor is better than that of the rural poor.  
  • The rural poverty is temporary in nature and is not distressful whereas urban poverty is permanent and distressful.

Learn more about Rural poverty:

How is poverty estimated in the rural and urban areas

https://brainly.in/question/2861890

Compare the basic nature of 'Rural Poverty' and 'Urban Poverty'.​

https://brainly.in/question/13390703

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