Poverty and its Measures Quiz
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Questions and Answers

What is absolute poverty?

Absolute poverty compares income against the amount needed to meet basic personal needs, such as food, clothing, and shelter.

What is relative poverty?

Relative poverty measures when a person cannot meet a minimum level of living standards, compared to others in the same time and place.

How does the definition of relative poverty vary?

The definition of relative poverty varies from one country to another, or from one society to another.

According to the World Bank Group in 2020, where do more than 40% of the poor live?

<p>According to the World Bank Group in 2020, more than 40% of the poor live in conflict-affected countries.</p> Signup and view all the answers

What percentage of people live on less than $30 per day in PPP dollars, as of 2019?

<p>As of 2019, in PPP dollars, 85% of people live on less than $30 per day.</p> Signup and view all the answers

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