Asked by Conner Yahres on Jun 29, 2024
Verified
A person's inability to sustain him- or herself on a daily basis is referred to as
A) relative poverty.
B) absolute poverty.
C) economic instability.
D) global poverty.
Absolute Poverty
A condition characterized by the severe deprivation of basic human needs, including food, safe drinking water, sanitation facilities, health, shelter, education, and information.
Relative Poverty
A condition where people are considered poor relative to the living standards of the majority in the society they live in.
Economic Instability
A state where an economy experiences sharp fluctuations or a lack of steady growth, leading to uncertainty and potential financial crises.
- Acquire knowledge on the subject of poverty, specifically the concepts of absolute and relative poverty, and examine the measures designed to lessen its severity.
Verified Answer
HA
Hicks AlexandraJul 02, 2024
Final Answer :
B
Explanation :
Absolute poverty refers to a person's inability to meet their basic needs, such as food, water, shelter, and clothing, on a daily basis. It is characterized by a lack of resources necessary for survival and is often measured by a person's income and access to basic necessities. Relative poverty, on the other hand, refers to a person's income and living standards in comparison to others in their society. Economic instability and global poverty are broader concepts that encompass both absolute and relative poverty at a larger scale.
Learning Objectives
- Acquire knowledge on the subject of poverty, specifically the concepts of absolute and relative poverty, and examine the measures designed to lessen its severity.