What is meant by Relative Poverty? - Vidyadip

Question

What is meant by Relative Poverty?

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Answer

Relative poverty means income distribution in society is unequal.

Inequality of income create the situation in which one part of the society get more income than another part of society.
In whole world where the distribution of income between rich and poor people are unequal, the situation of relative poverty arise.
This concept measure the difference between income distribution of different classes of people.

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