Difference Between Absolute Poverty and Relative Poverty
poverty is an economic condition where humans experience a lack of sealed commodities necessity for stable live .
Absolute Poverty and Relative Poverty are two terms used to measure this poverty degree .
Absolute Poverty is used to describe a condition where an individual does not have the fiscal means to obtain commodities to sustain life.
relative Poverty refers to the standard of survive compared to economic standards of living within the same surroundings .
This article will further highlight the significant differences between absolute poverty and relative poverty within the context of the IAS Exam
Aspirants can find more difference Between Articles, by visiting the linked page
The remainder between Absolute Poverty and Relative Poverty is given in the table below :
Differences between Absolute Poverty and Relative Poverty
Any person not in a status to obtain substantive commodities like food, shelter and dress are said to experience absolute poverty
relative poverty does not concentrate on biological needs but quite makes a comparison between two people in the environment
Income Level is considered in Absolute Poverty
It is not considered when measuring relative poverty as a person will hush be considered poor despite meeting his.her basic needs
Absolute poverty, however, does not include a broader quality of life issues or the overall flush of inequality in company. What the concept fails to recognize is that individuals besides have authoritative social and cultural needs .
Although people living in relative poverty are to an extent well-off compared to those living in absolute poverty, they hush can not afford the like criterion of life as other people in club.
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Measured using Poverty Line
Measured Using the Gini-Coefficient and Lorenzo Curve
It is not possible to completely eradicate absolute
There is a small margin of achiever where its eradication is concerned
quality of life is poor
quality of life is marginally better as those living under relative poverty have access to health care services
The concept of poverty is covered under the Economy segment of the UPSC Exams. Aspirants can find sketch materials related to this segment with the links given below :
Difference Between Absolute Poverty and Relative Poverty: UPSC Notes – Download PDF here
frequently Asked Questions about Absolute and Relative Poverty
What is an example of Relative Poverty?
Causes of relative poverty include unemployment, poor people health, and inequalities within the undertaking market. An case of person in relative poverty is a person who does not have a job and relies on politics aid to maintain .
What is an example of absolute poverty?
Absolute poverty is caused by debt, worldly concern population increases, natural disasters, conflicts, and child labor. An exemplar of absolute poverty includes a 12-year-old son who has never been to see a doctor of the church or serve school.
Candidates can find the general practice of the UPSC Exams by visiting the UPSC Syllabus page. For more articles and exam-related preparation materials, refer to the links given in the table below :