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What is meant by: Absolute Poverty?
Absolute poverty is being unable to afford the basic necessities such as food, clean water and shelter.
What is meant by: Absolute Poverty Measure?
The World Bank measures it by looking at the number of people living on less than $2.15 a day.
What is meant by: Relative Poverty?
Relative poverty is defined as earning less than a particular percentage of a country’s average income.
What is meant by: Relative Poverty Measure?
In the UK, a person is in relative poverty if they earn less than 60% of the median UK income.
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