Absolute Poverty and Relative Poverty.

Question

Distinguish between:

Monjur Alahi

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2025-01-04 04:42

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Absolute poverty can be eradicated.

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Salim Ahmed Kawsar · Accepted Answer · 2023-02-05T15:29:48+06:00

Absolute Poverty	Relative Poverty
(i) Absolute poverty is a situation where an individual is not able to consume minimum calories intake.	(i) Relative poverty is a situation where there is a comparison of income or living standard of different income groups.
(ii) Absolute poverty can be eradicated with the help of effective anti-poverty programmes.	(ii) Relative poverty can not be eradicated completely.
(iii) It exists in developing and underdeveloped countries like India, etc.	(iii) It is a universal phenomenon and is found in all countries of the world.
(iv) Absolute poverty indicates the minimum subsistence level of a section of society.	(iv) Relative poverty indicates the existence of income inequalities between different income groups.