 "Poverty is
a state or condition in which an individual lacks
the financial resources and essentials for a basic standard
of living.
It can have diverse environmental, legal, social, economic,
and political causes
and effects. When
evaluating poverty in statistics or economics there
are two main measures: absolute
poverty which
compares income against the amount needed to meet basic
personal needs,
such as food, clothing,
and shelter; secondly, relative
poverty measures
when a person cannot meet a minimum level of living
standards,
compared to others in the same time and place. The
definition of relative
poverty varies
from one country to another, or from one society to
another "Source
Wikipedia. |
