Poor and Rich
Absolute poverty is defined according to an absolute minimum standard, often called the ‘poverty line’. Relative poverty means that you are poor in relation to those around you. Income poverty (‘less than a dollar a day’, for example), means that you are poor if you have less money than the defined poverty line for your country. Human poverty takes into account other factors, such as life expectancy, infant malnutrition, illiteracy and lack of food or clean water. Basic needs definitions also go beyond money, to include all the things that a person needs in order to survive – including employment and participation in society.
- See more at: http://newint.org/features/1999/03/01/poor-rich-the-facts/#sthash.4440HYGZ.dpuf