Definitions - Theme 4 Flashcards

(2 cards)

1
Q

Absolute Poverty

A

Absolute poverty is a measure of poverty that focuses on a fixed, minimum standard of living necessary for basic survival (expressed in terms of income/consumption below a certain threshold)

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2
Q

Relative Poverty

A

a measure that considers a person’s income or resources in comparison to the overall standard of living within their society

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