Relative poverty defines income or resources in relation to the average income. But how does poverty define us? According to the Joseph Rowntree Foundation there are more than a million people living ...
it does the same calculation but uses the median income in 2010-11 to give a constant measure over time. While relative poverty tells you about the gap between low and middle-income households ...
In response, some of those countries have increased their poverty lines (the income level below which a person or household is deemed poor ... The same thing happened over time in most of today’s rich ...