What is the difference between absolute and relative poverty?

Answer

Absolute poverty is the complete lack of resources to sustain life, while relative poverty refers to the inadequate lack of income when compared to the average standards living. As such, relative poverty implies that the individual has the ability to sustain his or her basic needs, but may lack the resources to engage in various social activities.
Q&A Related to "What is the difference between absolute and..."
Absolute Poverty is when people do not have enough money to meet the basic threshold that is needed for survival. People fall below this line and do not have enough money to buy food
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Absolute poverty measures the number of people living
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Absolute poverty is when you don't have sh*t. Relative poverty is when you don't have as much sh*t as the neighbors.
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Absolute poverty means compared to all the people in the world. Relative poverty means compared to the people around you/in your own culture. So whereas people in America make maybe
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