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Give economic term: Poverty judged on the basis of relative standards of living of the people. - Economics

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Question

Give economic term:

Poverty judged on the basis of relative standards of living of the people.

One Word/Term Answer
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Solution

Poverty judged on the basis of relative standards of living of the people. - Relative poverty.

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Chapter 8: Poverty in India - EXERCISE [Page 56]

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Balbharati Economics [English] Standard 11 Maharashtra State Board
Chapter 8 Poverty in India
EXERCISE | Q 3. 3) | Page 56
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