If poverty is a relative concept, why dont we define it in relative terms?

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If poverty is a relative concept, why don’t we define it in relative terms?

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Economics

ISBN: 9781032046723

9th Edition

Authors: William Boyes, Michael Melvin

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Question Posted: Apr 23, 2024 08:42 AM

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If poverty is a relative concept, why dont we define it in relative terms?

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While poverty is indeed often understood and discussed in relative terms there are several reasons w...View the full answer

Economics

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