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Poverty and Unemployment · IB ACIO · Question 43 of 60

Poverty and Unemployment: Poverty measured against a fixed minimum standard of living, regardless of the average income in society, is called

Step-by-step solution. Poverty and Unemployment for IB ACIO.

Topic
Poverty and Unemployment
Subject
General Studies
Difficulty
moderate
Solve Time
45-60 sec

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Q · Poverty and Unemploymentmoderate · 45s

Poverty measured against a fixed minimum standard of living, regardless of the average income in society, is called:

TopicPoverty and Unemployment
Question Typemultiple choice
Difficultymoderate
Marking+1 / −0.33
Test Duration30 min

Step-by-Step Solution

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Meaning: Absolute poverty uses a fixed threshold for basic needs (food, shelter, clothing).Correct Option Justification: A matches the definition of poverty measured against a constant minimum consumption standard.Incorrect Options:A. Relative poverty compares individuals to the average income in a society.B. Situational poverty arises due to a specific crisis (e.g., disaster), not a measurement approach.C. Chronic poverty refers to poverty persisting over a long period, not the measurement basis.

Final Answer: Option A - Absolute poverty
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Poverty measured against a fixed minimum standard of… - Poverty and Unemployment (General Studies) Solved Question