Question | Answer |
---|---|
the state where one is barely able, or unable, to afford basic necessities | extreme poverty |
the state of poverty where one is unable to live the lifestyle of the average person in the country | relative poverty |
a state of poverty composed of many dimensions, subjectively present when one’s actual income does not meet one’s expectations | subjective poverty |
an unregulated economy of labor and goods that operates outside of governance, regulatory systems, or human protections | underground economy |
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The content of this course has been taken from the free Sociology textbook by Openstax