Absolute Poverty and Relative Poverty

Absolute poverty refers to a specific level of income or resources below which an individual or household is unable to meet their basic needs for survival, such as food, shelter, and clothing. Absolute poverty is typically measured using a poverty line, which is a specific dollar amount or level of income determined by a government or other organization.

Relative poverty, on the other hand, refers to the situation where an individual or household has less income or resources compared to others in their society or community. It is often measured as a percentage of the median income or resources of the society or community.

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