Chapter15: The Distribution Of Income And Poverty
Section15.4: Poverty
Problem 2ST
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What is absolute poverty?
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‘Absolute Poverty’ means poverty defined on a universal basis without reference to the income of others or access to the property, and failure to meet this requirement means that the person is poor. ‘Absolute Poverty’ is often discussed in the context of extreme poverty in developing countries, although extreme and extreme poverty is not the same concept.
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