What is the difference between absolute poverty and relative poverty?

What is the difference between absolute poverty and relative poverty Introduction: The Multifaceted Nature of Poverty Hello everyone! Poverty, a pervasive issue, is often discussed in various contexts. Today, we'll focus on two key aspects: absolute poverty and relative poverty. While both terms revolve around the lack of resources, they differ significantly in their approach and implications. Defining Absolute Poverty: The Direst Form Absolute poverty refers to the most severe form of poverty. It is characterized by a lack of basic necessities, such as food, clean water, shelter, and healthcare. The threshold for absolute poverty is often set at a level where individuals or communities struggle to meet their fundamental needs for survival and well-being. Understanding Relative Poverty: A Comparative Measure On the other hand, relative poverty is a comparative measure. It assesses an individual or group's economic status in relation to the overall society. In this context, someone is considered in relative poverty if their income or resources fall significantly below the average or median income of the population they are part of. Factors Influencing Absolute Poverty Absolute poverty is often influenced by a range of factors, including geographical location, political stability, access to education, and healthcare infrastructure. In many cases, regions with high absolute poverty rates also face challenges like natural disasters, conflict, or limited economic opportunities.