What is absolute poverty and relative poverty
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Absolute poverty – is a condition where household income is below a necessary level to maintain basic living standards (food, shelter, housing). ... Relative poverty – A condition where household income is a certain percentage below median incomes.
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Absolute poverty – is a condition where household income is below a necessary level to maintain basic living standards (food, shelter, housing). ... Relative poverty – A condition where household income is a certain percentage below median incomes.
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