Question

“Some people have lower income in comparison to other people.” This statement is an example of ______.

Options

• Head Count Ratio

• Transient Poverty

• Relative Poverty

• Absolute Poverty

Answer 1

“Some people have lower income in comparison to other people.” This statement is an example of relative poverty.

Explanation:

Relative poverty refers to the condition where some individuals or groups have significantly less income or resources compared to others in the same society. It measures poverty in relation to the economic status of other people, not just by a fixed income threshold. Unlike absolute poverty, which denotes a lack of basic necessities like food and shelter, relative poverty highlights income inequality and social exclusion within a community or country.