UrbanPro

Take Class 12 Tuition from the Best Tutors

  • Affordable fees
  • 1-1 or Group class
  • Flexible Timings
  • Verified Tutors

Search in

What is the difference between relative and absolute poverty?

Asked by Last Modified  

Follow 1
Answer

Please enter your answer

IELTS, Interviewer, Spoken English trainer with 2 years of experience in IELTS industry.

Absolute Poverty is used to describe a condition where an individual does not have the financial means to obtain commodities to sustain life. Relative Poverty refers to the standard of living compared to economic standards of living within the same surroundings.
Comments

Both terms relative poverty and absolute poverty are used to measure poverty. Absolute poverty is meansured in terms of financial means to obtain basic necessities in order to survive like food. It's not effected by the economic growth. For example households not able to buy food in order to survive...
read more

Both terms relative poverty and absolute poverty are used to measure poverty. Absolute poverty is meansured in terms of financial means to obtain basic necessities in order to survive like food. It's not effected by the economic growth. For example households not able to buy food in order to survive are in absolute poverty.

Whereas Relative poverty is measeured as name suggest in relative terms.  It's relative to the economic climate. For example  households earnning 60% less than the average household in the economy are in relative poverty. This measure changes with economic prosperity. 

read less
Comments

Related Questions

State an example each of self-employment in rural and urban areas.
Examples of self-employment in rural and urban areas are as follows - self-employment is a situation in which individual works for himself or herself instead of working for an employer that pays a salary...
Shantanu
0 0
8
Name some notable economists who estimated India’s per capita income during the colonial period.
Dadabhai Naoroji, William Digby, Findlay Shirras, V.K.R.V. Rao, and R. C Desai.
Subhash
0 0
6
Outline the steps involved in attaining sustainable development in India.
Sustainable development means to development without depletion of nature resources such that is can be made available for future generations.In order to insure sustainable development we should adopt following...
Ankita
0 0
5
China’s rapid industrial growth can be traced back to its reforms in 1978. Do you agree? Elucidate.
es, China's rapid industrial growth can be traced back to its reforms in 1978 because reforms in agriculture and establishment of infrastructure in the areas of education and health, land reforms etc....
Pradeep
0 0
5
 Infrastructure contributes to the economic development of a country. Do you agree? Explain.
Yes why Not Infrastructure contributes to the economic development as infractructure is good then it will increase the GDP of the country
Swapna
0 0
5

Now ask question in any of the 1000+ Categories, and get Answers from Tutors and Trainers on UrbanPro.com

Ask a Question

Related Lessons

What are the importance of presenting data in graphical form? Which value is key to the graphical presentation of the data?
Graphs are attractive way of presenting the information and it is easy to understand. The values of accuracy of data used and coverage of full data is very important for graphical presentation of data....

Special Economic Zone (SEZ) increase foreign investment
A Special Economic Zone (SEZ) is a geographical region that has economic laws different from a country’s typical economic laws. Usually, the goal is to increase foreign investment. Special economic...

The question should be short, simple and properly arranged to avoid confusions. Explain.
A questionnaire is a list of questions relating to the field of enquiry. It may be defined as an instrument of collecting primary data from a large number of people. While preparing questionnaire, followingpoints...

How is China able to lead in all the human development indicators?
China is able to lead in almost all the human development indicators since the establishment of infrastructure in the areas of education and health, land reforms, long existence of decentralised planning...

Mention the salient demographic indicators of China, Pakistan and India
The salient demographic indicators of China, Pakistan and India are discussed below (i) The population of Pakistan is very small and accounts for roughly about one-tenth of China or India. Though China...

Recommended Articles

Mohammad Wazid is a certified professional tutor for class 11 students. He has 6 years of teaching experience which he couples with an energetic attitude and a vision of making any subject easy for the students. Over the years he has developed skills with a capability of understanding the requirements of the students. This...

Read full article >

Radhe Shyam is a highly skilled accounts and finance trainer with 8 years of experience in teaching. Accounting is challenging for many students and that’s where Radhe Shyam’s expertise comes into play. He helps his students not only in understanding the subject but also advises them on how to overcome the fear of accounts...

Read full article >

Swati is a renowned Hindi tutor with 7 years of experience in teaching. She conducts classes for various students ranging from class 6- class 12 and also BA students. Having pursued her education at Madras University where she did her Masters in Hindi, Swati knows her way around students. She believes that each student...

Read full article >

Raghunandan is a passionate teacher with a decade of teaching experience. Being a skilled trainer with extensive knowledge, he provides high-quality BTech, Class 10 and Class 12 tuition classes. His methods of teaching with real-time examples makes difficult topics simple to understand. He explains every concept in-detail...

Read full article >

Looking for Class 12 Tuition ?

Learn from the Best Tutors on UrbanPro

Are you a Tutor or Training Institute?

Join UrbanPro Today to find students near you
X

Looking for Class 12 Tuition Classes?

The best tutors for Class 12 Tuition Classes are on UrbanPro

  • Select the best Tutor
  • Book & Attend a Free Demo
  • Pay and start Learning

Take Class 12 Tuition with the Best Tutors

The best Tutors for Class 12 Tuition Classes are on UrbanPro

This website uses cookies

We use cookies to improve user experience. Choose what cookies you allow us to use. You can read more about our Cookie Policy in our Privacy Policy

Accept All
Decline All

UrbanPro.com is India's largest network of most trusted tutors and institutes. Over 55 lakh students rely on UrbanPro.com, to fulfill their learning requirements across 1,000+ categories. Using UrbanPro.com, parents, and students can compare multiple Tutors and Institutes and choose the one that best suits their requirements. More than 7.5 lakh verified Tutors and Institutes are helping millions of students every day and growing their tutoring business on UrbanPro.com. Whether you are looking for a tutor to learn mathematics, a German language trainer to brush up your German language skills or an institute to upgrade your IT skills, we have got the best selection of Tutors and Training Institutes for you. Read more