The Williams family cannot afford to send their children to buy a newer model television.The Williams family is living in
A) absolute poverty.
B) relative poverty.
C) subjective poverty.
D) objective poverty.
E) squalor.

Question

Quizplus · Accepted Answer

Relative poverty refers to a situation where individuals or families have significantly less income or resources compared to the average in their society, affecting their ability to afford certain goods or services considered standard, such as a newer model television.

The Williams Family Cannot Afford to Send Their Children to Buy