A situation where we have people whose l...

A situation where we have people whose level of income is not sufficient to meet the minimum consumption expenditure is considered as :

Absolute Poverty

Relative Poverty

Urban Poverty

Rural Poverty

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Absolute poverty is the state by which an individual is unable to meet their immediate needs. In other words they are unable to obtain basic needs such as shelter, water, food and warmth. It contrasts with relative poverty, which is where individuals are poor by comparison to other members of society.

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A situation where we have people whose level of income is not sufficient to meet the minimum consumption expenditure is considered as :

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