When we compare the incomes of different groups of people and find that some people are poorer than others, it is called A Absolute poverty B Relative poverty C Marginal poverty
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Contrary to relative poverty, people who live in absolute poverty lack even the basic necessities, which typically include adequate food, clean water, safe housing, and access to healthcare. ... In short, subjective poverty has more to do with how a person or a family defines themselves.
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