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Identify and explain the concept from the given illustration: Dhanajirao is a wealthy landlord, but his annual income is relatively less in comparison to entrepreneur Raobahadur. - Economics

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प्रश्न

Identify and explain the concept from the given illustration:

Dhanajirao is a wealthy landlord, but his annual income is relatively less in comparison to entrepreneur Raobahadur.

एक पंक्ति में उत्तर

उत्तर

  1. Identified concept: Relative poverty.
  2. Explantation of concept: Relative poverty arises due to the difference in the standard of living due to inequality in income.
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Types of Poverty
  क्या इस प्रश्न या उत्तर में कोई त्रुटि है?
अध्याय 8: Poverty in India - EXERCISE [पृष्ठ ५६]

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बालभारती Economics [English] 11 Standard
अध्याय 8 Poverty in India
EXERCISE | Q 4. 2) | पृष्ठ ५६
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