Absolute poverty
What Absolute poverty means in Economics B A-Level, as defined for Pearson Edexcel.
Definitions of Absolute poverty
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Reference: Pearson Edexcel
An international measure using a standardised threshold such as the World Bank's poverty line, allowing cross-country comparisons of severe deprivation regardless of a nation's overall wealth.
Occurs when individuals lack the basic necessities for survival, such as food and shelter, and is often measured using a fixed threshold.
Topics that use Absolute poverty
- Poverty and inequality (Pearson Edexcel A-Level)
Related terms
- Line of equality
- Lorenz curve
- Median income
- Purchasing power parity
- Relative poverty
- International poverty line
Using Absolute poverty in the exam
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