Extreme poverty is defined as living on less than $1.90 per day. It implies severe deprivation of basic human needs such as food, safe drinking water, sanitation facilities, health, shelter, education and information.
Absolute Poverty: This refers to a condition where household income is below necessary level to maintain basic living standards (food, shelter, housing).
Relative Poverty: It refers to economic inequality within the population or society under consideration.
Poverty Line: It is the minimum level of income deemed adequate in a particular country.
Study guides for the entire semester
200k practice questions
Glossary of 50k key terms - memorize important vocab
© 2024 Fiveable Inc. All rights reserved.
AP® and SAT® are trademarks registered by the College Board, which is not affiliated with, and does not endorse this website.