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Explain the Difference Between the Concepts of Relative Poverty, Absolute

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Essay

Explain the difference between the concepts of relative poverty, absolute poverty, and extreme poverty. Provide an example of each.


Definitions:

Egocentrism

In developmental psychology, it refers to the inability of children in the preoperational stage to see any point of view other than their own.

Cognitive Flexibility

The mental ability to switch between thinking about two different concepts, or to think about multiple concepts simultaneously.

Transductive Reasoning

A form of reasoning where conclusions are drawn based on specific examples or instances, rather than through abstract logic, prevalent in young children.

Class Inclusion

The principle that one category or class of things can include several subclasses.

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