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Poverty in India — Economics STD 11 Commerce / Arts — Question

Maharashtra BoardEnglish MediumSTD 11 Commerce / ArtsEconomicsPoverty in India4 Marks
Question
Relative poverty is universal by nature.
OR
Relative poverty is found in all countries.
OR
Relative poverty is found in the richest of the rich countries.
✓

Answer

Yes, I agree with the statement.
  • Differences in income earned by people in relative poverty.
  • If one person earns less than the other, he is said to be poorer than the other.
  • So, this difference in the earnings of people will be found in all the countries of the world.
  • This is found because of differences in talents, education, abilities, skills, etc. of different people, and this cannot be removed from any country.
  • So, relative poverty is a universal phenomenon.

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