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What is meant by absolute poverty? - Economics

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Question

What is meant by absolute poverty?

Short Answer
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Solution

Absolute poverty refers to a condition where a person’s income is so low that they cannot meet the minimum requirements necessary to maintain health and work efficiency. Specifically, it means the inability to secure the minimum consumption needs for life, such as the minimum calories intake essential for survival.

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Chapter 10: Poverty in India - QUESTION BANK [Page 166]

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J. P. Goel and Kaushal Goel Economics [English] Class 9 ICSE
Chapter 10 Poverty in India
QUESTION BANK | Q 3. | Page 166
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