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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 poverty rate, while relative poverty measures the inequality rate.
- Absolute poverty is the same in all countries, while relative poverty varies from one country to another.
- 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 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 $10 per day, as of 2019?
What percentage of the world's population live on less than $10 per day, as of 2019?
- One-third
- One-half
- Three-fourths
- Two-thirds (correct)
What did the World Bank Group report in 2020 about the percentage of the poor living in conflict-affected countries?
What did the World Bank Group report in 2020 about the percentage of the poor living in conflict-affected countries?
- More than 60%
- More than 30%
- More than 50%
- More than 40% (correct)
How is poverty defined in terms of income level, according to the text?
How is poverty defined in terms of income level, according to the text?
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What does relative poverty measure?
What does relative poverty measure?
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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?
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What percentage of the world's population lived on less than $30 per day in 2019, according to the text?
What percentage of the world's population lived on less than $30 per day in 2019, according to the text?
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According to the World Bank Group in 2020, where do more than 40% of the poor live?
According to the World Bank Group in 2020, where do more than 40% of the poor live?
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What does relative poverty measure?
What does relative poverty measure?
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What is the main focus of absolute poverty?
What is the main focus of absolute poverty?
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