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Hatshy [7]
3 years ago
6

What term defines poverty in relation to others economic position

Social Studies
1 answer:
barxatty [35]3 years ago
6 0

Answer:

Relative Poverty

Explanation:

Relative poverty will consider the amount that average people earn in a certain society to determine whether a person is poor or not.

For example,

In united states, 4 persons families are considered To be living in poverty line if theya re earning less than $25,750 per year.  On average the median household income for the people in united states is around $63,000 per year.

BUT,

family with $25,750 income per year only considered to be poor if compared to other people in united states. If that same family is compared to the rest of the world, that family will be considered to be economically well off, since the average household income of the world is only around $9,733 per year.

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