In a growing economy, it is possible to eliminate

Question

Quizplus · Accepted Answer

In a growing economy, with increased job opportunities, incomes rise and there is a decrease in the number of people living below the poverty line. Absolute poverty, which is characterized by lack of access to basic necessities such as food, clothing, and shelter, can be eliminated in a growing economy. However, relative poverty, which is defined in relation to the overall standard of living in a society, may still exist.

In a Growing Economy, It Is Possible to Eliminate