Indian History

Relative Poverty

According to the relative standard, income distributionof the population is different fractile groups is estimated and a comparison of the levels of living of the top 5 to 10% with the bottom 5 to 10% of the population is called relative poverty, or those who are in the lower income groups receive less than those in the higher income groups.
The people with lower incomes are relatively poor compared with higher incomes, even though they may be living above the minimum level of subsistence and hence it is known as relative poverty.
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