Economy, asked by k8im8ashmikhusha, 1 year ago

What is difference between Absolute Poverty and Relative Poverty?

Answers

Answered by AkiraYo
43
Absolute poverty refers to total no. of people living below the poverty line while relative poverty refers to poverty of people in relation to other people, regions or nations.
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Answered by manaslurawal14
0

Answer:

The main difference between absolute poverty and relative poverty is that absolute poverty is the condition in which people do not have sufficient to eat whereas relative poverty is the condition in which the living standard of mass of the people falls below the average level.

Explanation:

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