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What is the main difference between absolute poverty and relative poverty?
What is the main difference between absolute poverty and relative poverty?
- Absolute poverty measures the income needed to meet basic personal needs, while relative poverty compares income against the amount needed to meet basic personal needs.
- Absolute poverty compares income against the amount needed to meet basic personal needs, while relative poverty measures a person's living standards compared to others in the same time and place. (correct)
- Absolute poverty measures a person's living standards, while relative poverty measures the income needed to meet basic personal needs.
- Absolute poverty measures a person's living standards compared to others in the same time and place, while relative poverty compares income against the amount needed to meet basic personal needs.
What percentage of the world's population live on less than $1.90 per day, according to the World Bank Group in 2020?
What percentage of the world's population live on less than $1.90 per day, according to the World Bank Group in 2020?
- 20%
- 40%
- 30%
- 10% (correct)
In terms of PPP dollars, what percentage of people live on less than $30 per day?
In terms of PPP dollars, what percentage of people live on less than $30 per day?
- 85% (correct)
- 55%
- 65%
- 75%
What percentage of the poor live in conflict-affected countries, according to the World Bank Group in 2020?
What percentage of the poor live in conflict-affected countries, according to the World Bank Group in 2020?
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How does the definition of relative poverty vary?
How does the definition of relative poverty vary?
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