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Poverty

Question
CBSEENEC11009044
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What do you mean by Absolute Poverty and Relative Poverty?

Or

What is the difference between relative and absolute poverty?

Solution

(i) Absolute Poverty: It is defined as the inability to achieve the minimum requirement of life, health and efficiency as a result of very low income or insufficient assets.

(ii) Relative Poverty : It makes a comparison of relative levels of income of different people or different segments of population to determine who is poor.

Some More Questions From Poverty Chapter

When is growth converted into development?

What does elimination of poverty imply?

Why calorie - based norm is not adequate to identify the poor?

How many persons in India are living below the poverty line?

What are the main causes of poverty in India?

What measures should be adopted to remove poverty in India?

What is the definition of poverty line by planning commission of India?

'India is a rich country, inhabited by poor'. Explain this statement.

Is there any relationship between unemployment and poverty? Explain.

What is absolute poverty?

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