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______ refers to poverty of people, in comparison to other people, regions or nations. - Economics

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प्रश्न

______ refers to poverty of people, in comparison to other people, regions or nations.

विकल्प

  • Absolute Poverty

  • Relative Poverty

  • Both absolute poverty and relative poverty

  • Neither absolute poverty nor relative poverty

MCQ
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उत्तर

Relative poverty refers to poverty of people, in comparison to other people, regions or nations.

Explanation:

When individuals or groups have fewer resources or a lower level of living than other people, regions, or nations. It demonstrates inequality in the allocation of income and wealth in a society.

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अध्याय 10: Poverty in India - QUESTIONS [पृष्ठ १६४]

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जे. पी. गोयल और कौशल गोयल Economics [English] Class 9 ICSE
अध्याय 10 Poverty in India
QUESTIONS | Q 13. | पृष्ठ १६४
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