Question

Which of the following refers to a condition where people lack the means to maintain a deecent standard of living in a particular society?

• A. National income
• B. Per capita income
• C. Absolute poverty
• D. Relative poverty

Answer 1

The correct option is D Relative poverty

Relative poverty is used to compare the level of poverty in different countries using income levels. Relative poverty is defined according to societal norms. It is a condition where people lack the minimum amount of income needed to maintain a decent livelihood in a particular locality or country.