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August 4, 2015

Absolute and relative poverty

 

Obviously, the first thing to find out more about regarding the subject under consideration is the definition of both terms. So, absolute poverty presupposes that the person lacks one or even more basic needs over a long period of time which may endanger their life or cause a lot of harm. Speaking about relative poverty, this notion describes the state of those people who are poor in relation to those who are around them.

It is clear that a lot depends on the country under consideration when we talk about poverty. For instance, relative poverty in some developed countries may be viewed as a decent way of living in some African countries.

Apart from that, it is also necessary to mention the fact that poverty is a complex issue which is not that simple to tackle. Perhaps, that is the reason we have not been able to deal with it yet. If you are willing to read more regarding the issue of absolute and relative poverty, feel free to go to … Absolute and relative poverty

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