Question

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

Options

• Absolute Poverty

• Relative Poverty

• Both absolute poverty and relative poverty

• Neither absolute poverty nor relative poverty

Answer 1

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.