They are written, as with a sun beam. in the whole volume of human nature, by the. hand of the divinity itself; and can never be. erased or obscured by mortal power.â. â Alexander Hamilton, 1775. âThe basis of our political systems is the. right of the people to make and to alter. their Constitutions of Government.
An income-related example would be living on less than $X per day. Relative poverty refers to a standard which is defined in terms of the society in which an individual lives and which therefore differs between countries and over time. An income-related example would be living on less than X% of average UK income. Absolute poverty and relative poverty are both valid concepts.
1 Similarly, the international standard of extreme poverty is set to the possession of less than 1$ a day. Frequently, poverty is defined in either relative or absolute terms. Absolute poverty measures poverty in relation to the amount of money necessary to meet basic needs such as food, clothing, and shelter. The concept of absolute poverty is not concerned with broader quality of life issues or with the overall level of inequality in society.