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