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What is meant by relative poverty? - Economics

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What is meant by relative poverty?

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उत्तर

Relative poverty refers to a condition where a person’s income or resources are low compared to other people, regions, or nations. It is essentially a measure of inequality in income or asset ownership.

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पाठ 10: Poverty in India - QUESTION BANK [पृष्ठ १६६]

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जे. पी. गोयल आणि कौशल गोयल Economics [English] Class 9 ICSE
पाठ 10 Poverty in India
QUESTION BANK | Q 4. | पृष्ठ १६६
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