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Discuss the Differences Between Absolute PPP and Relative PPP

question 71

Essay

Discuss the differences between Absolute PPP and Relative PPP.


Definitions:

Indifference

A lack of interest, concern, or sympathy towards others or a specific situation.

Avenues of Communication

The various methods or channels through which information is transmitted or exchanged between individuals or groups.

Poverty Line

A financial threshold below which an individual or family is considered to be living in poverty, based on income.

Yearly Cash Income

The total amount of money received annually from various sources before taxes and other deductions.

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