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EconomicsPosted by Jeevan Thapa. Absolute and Relative Poverty. Though poverty is a qualitative phenomenon, it can be classified into absolute and relative terms by using indirect tools of statistics. If the people do not have adequate nutrition, housing, and access to basic health and education, they are called absolute poor. The term 'absolute poverty'. Intake from their consumption items in a day. Characteristics of Developing Countries. Posted by Jeevan Thapa. With less than $750 per capita. Most of the devel...
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