Explain the Difference Between Absolute Poverty and Relative Poverty

question 65

Essay

Explain the difference between absolute poverty and relative poverty.

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Definitions:

Blu-Ray DL

Blu-ray DL stands for Dual Layer Blu-ray disc, offering a larger storage capacity compared to single-layer discs, typically up to 50 GB.

8 GB Of Data

A unit of digital information storage equivalent to approximately 8 billion bytes.

Storage

Refers to devices or media that can hold data, such as hard drives, SSDs, memory cards, and cloud storage.

Minimizing Costs

Strategies or methods employed to reduce expenses in operations, manufacturing, or project management without compromising the quality.