Reddit according to the research findings, who is most likely to have had the experience of one year of poverty?

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27-07-2022
Social Studies

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Reddit according to the research findings, who is most likely to have had the experience of one year of poverty?

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tripatsingh039 tripatsingh039 · Answer 1 · 2022-08-04T10:51:52+02:00

Reddit according to the research findings, an older person is most likely to have had the experience of one year of poverty than a younger person.

Being in a state of poverty means having few material possessions or little money. Numerous social, economic, and political factors can contribute to or be a result of poverty.

There are two main ways to assess poverty in statistics and economics: absolute poverty compares income to the amount required to meet basic needs like food, clothing, and shelter; relative poverty assesses when a person cannot maintain a minimum standard of living in comparison to others in the same time and place. From one nation or society to another, relative poverty might be defined differently.

Learn more about poverty here:

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