Explain absolute poverty and relative poverty. Provide an example of each

Question

Please provide the best answer for the statement

Answer 1

1. Relative poverty is defined by comparing the standing of one group to the standing of
another group.
2. Absolute poverty is defined as a condition in which people do not have enough
income to buy the minimal necessities of life (food, clothing, shelter).
3. Examples will vary but should demonstrate the student’s understanding of the two
concepts.