IB Economics 3.4.2: Absolute vs. Relative Poverty (How We Measure Poverty)
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YouTubeKevin Means Business
IB Economics 3.4.2: Absolute vs. Relative Poverty (How We Measure Poverty)
What does it actually mean to live in poverty? In this IB DP Economics Unit 3.4.2 lesson, we break down Economic Poverty. We explore the fundamental differences between Absolute vs. Relative Poverty, how governments and global institutions use International Poverty Lines and Minimum Income Standards, and why measuring poverty is much harder ...
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