Poverty is an economic condition where humans experience a lack of certain commodities essential for stable living.
Absolute Poverty and Relative Poverty are two terms used to measure this poverty level.
Absolute Poverty is used to describe a condition where an individual does not have the financial means to obtain commodities to sustain life.
Relative Poverty refers to the standard of living 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
The difference between Absolute Poverty and Relative Poverty is given in the table below:
Differences between Absolute Poverty and Relative Poverty
|Any person not in a position to obtain essential commodities like food, shelter and clothing are said to experience absolute poverty||Relative poverty does not concentrate on biological needs but rather 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 still be considered poor despite meeting his.her basic needs|
|The media in a democratic form of government is known as the fourth pillar of democracy as they watch the government’s every move and criticise it should any misstep is taken||The media is the mouthpiece of a dictatorial government. Regardless of what a dictator does, the media will only show what needs to be shown to the masses so that a cult of personality is always maintained.|
|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 success 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 study materials related to this segment with the links given below:
- Causes of Poverty
- Poverty and Hunger
- List of Poverty Alleviation Programmes
- Strategy and Syllabus for UPSC Economics
- Notes for UPSC Indian Economy
Difference Between Absolute Poverty and Relative Poverty – Download PDF Here
Candidates can find the general pattern 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: