Question

WHAT IS THE DIFFERENCE BETWEEN ABSOLUTE AND RELATIVE POVERTY

Answer 1

if you sound it out and logically think it through, absolute would mean poverty in any society, if you were poor in a rich society you might be like lower or middle class considering how rich the society is, now relative is the poverty line in comparison to the individual(s) around you for example; if you were standing next to Trump in relative comparison you might be considered poor, the same can be said if you were next a a homeless man , you may be considered the richest of the rich if you have a house and a two car garage, I dont know for sure but this might be right

Answer 2

@Chuddley: Correct!

Absolute means "no if and/or buts about it". Relative means in comparison to something else.

So a person starving in the middle of a desert is impoverished when it comes to wealth no matter what anyone says.

However, a person making $15,000 a year is considered to be impoverished by the US government.... but that's only if you compare him to the average American. Compared to, say, the average Nigerian, the guy's pretty rich.

Answer 3

Absolute poverty or destitution refers to being unable to afford basic human needs, which commonly includes clean and fresh water, nutrition, health care, education, clothing and shelter.

Relative poverty refers to lacking a usual or socially acceptable level of resources or income as compared with others within a society or country.

So, absolute poverty is complete destitution (the inability to afford the basic necessities to sustain life) whereas relative poverty means that someone lacks the means considered to be average or normal, relative to their society. It can be measured on the micro (neighborhood) or macro level (country). So, for example, you live in a community where the median annual income is $250 000 and you make $80 000 annually you are living in relative poverty...