Difference between absolute proverty and Relative proverty

1.	Difference between absolute proverty and Relative proverty
Answer» \tAbsolute PovertyRelative PovertyAny person not in a position to obtain essential commodities like food, shelter and clothing are said to experience absolute povertyRelative poverty does not concentrate on biological needs but rather makes a comparison between two people in the environmentIncome Level is considered in Absolute PovertyIt is not considered when measuring relative poverty as a person will still be considered poor despite meeting his.her basic needs\xa0Absolute poverty, however, does not include a broader quality of life issues or the overall level of inequality in society. What the concept fails to recognize is that individuals also have important social and cultural needs.Although people living in relative poverty are to an extent well-off compared to those living in absolute poverty, they still cannot afford the same standard of life as other people in society.Measured using Poverty LineMeasured Using the\xa0Gini-Coefficient\xa0and Lorenzo CurveIt is not possible to completely eradicate absolute\xa0There is a small margin of success where its eradication is concernedQuality of life is poor\xa0Quality of life is marginally better as those living under relative poverty have access to health care services\t

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