Question

what are the two types of poverty?​

Answer 1

$<marquee behaviour -move bigcolur -pink><h1>Types of poverty </h1></marquee>$

$\huge\bold\blue{Absolute\:Poverty }$

✏let's say the minimum standard of living is rs 100 per day Anyone who connot need this basic requirement would fall under a absolute poverty

✏Basically it is minimum money required by the person to meet the standard of living

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$\huge\bold\green{Relative\:poverty}$

✏It means it has an relation to something else or surroundings

✏so let's assume a person is walking on a cycle but his neighbour have scooters. so he is understanding himself as a relation to his neighbour.

Answer 2

${\huge{\mathfrak{Answer:-}}}$
$<b>$

$\huge\mathbb{Poverty :-}$

“the inability to attain a minimal standard of living”.

Types :-

$\huge\mathbb{Absolute Poverty:-}$

It is a condition characterized by severe deprivation of basic human needs, including food, safe drinking water, sanitation facilities etc. depends not only on income but also on access to social services.

For example :-

a family is poor if it is not able to earn food, water or even a basic kutcha house to live.

$\huge\mathbb{Relative poverty:-}$

It is a level of household income which is considerably less than median income of the country. It is the lack of resources when compared to other members of the society. It is a relative concept therefore it differs across countries.

For example :-

a family may be considered poor if it is not able to send their children in good school even though they have basic amenities like food, water, shelter etc.

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