​The Relative Approach to Defining Poverty States That Poverty Will

question 37

True/False

​The relative approach to defining poverty states that poverty will persist as long as income inequality exists.

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Definitions:

Transnational Corporation

A large company that operates in multiple countries, extending its services and products beyond its home country's borders.

World of Work

Refers to the realm of employment and labor markets, including job opportunities, employment trends, and workplace practices.

Economy

A system of production, distribution, and consumption of goods and services within a society.

Contingent Work

Employment arrangements that are temporary or flexible and do not have long-term contracts, including freelance, part-time, and temporary jobs.