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An example is when poverty is defined as households who earn less than 25% of the median income is a measure of relative poverty. The Copenhagen Declaration describes absolute poverty as a condition characterized by severe deprivation of basic human needs, including food, safe drinking water, sanitation facilities, health, shelter, education and information. The World Bank identifies ?§extreme poverty?? as being people who live on less than $1 a day, and ?§poverty?? as less than $2 a day. On that standard, 21% of the world?¦s population was in extreme poverty, and more than half the world?¦s population was poor in 2001...
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Common topics in this essay:
- A Case for Trade Liberalization in Developing Countries
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