Difference between absolute and relative poverty

Reference no: EM13521326

Poverty- What is the difference between absolute and relative poverty? What are the main problems Sen sees with the relative conception of poverty? What does it mean that in the concept of poverty absolute deprivation in terms of a person’s capabilities relates to the relative deprivation in terms of commodities, incomes, and resources? Give an example of somebody with high income but poor in other respects, at least for Sen. Do you agree with Sen’s claim that poverty should not be seen only in terms of low income? Explain your answer.

Reference no: EM13521326

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