___________exists when people may be able to afford basic necessities but are still unable to maintain an average standard of living.
A) Relative poverty
B) Absolute poverty
C) Subjective poverty
D) Standard poverty

Question

Quizplus · Accepted Answer

Relative poverty exists when people are unable to maintain an average standard of living compared to the rest of society, even if they can afford basic necessities. Absolute poverty, on the other hand, refers to the inability to meet basic needs such as food, shelter, and clothing. Subjective poverty is a measure of poverty based on an individual's perceptions of their own economic situation. Standard poverty is not a recognized measure of poverty.

___________Exists When People May Be Able to Afford Basic Necessities