Absolute poverty

 

 

 

Absolute poverty

 

Glossary of business

 

Definition of absolute poverty

 

Absolute poverty is experienced when income levels are inadequate to enjoy a minimum standard of living. This is contrasted with relative poverty which is where income levels are relatively too low to enjoy a reasonable standard of living in that society.

 

Source : http://business-tes.wikispaces.com/file/view/Glossary.doc

link: http://business-tes.wikispaces.com/

Author : not indicated on the source document of the above text

 

Terminology about business

 

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Definition and meaning of absolute poverty

 

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Meaning of absolute poverty

 

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What does absolute poverty mean ?

 

 

 

 

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