Absolute poverty refers to a condition where individuals lack the basic necessities for survival, such as food, clean water, shelter, and healthcare. It is measured by a specific income threshold, often defined as living on less than $1.90 a day, which is set by the $World Bank. People living in absolute poverty face severe hardships that prevent them from meeting their fundamental needs.
This form of poverty is distinct from relative poverty, which considers the economic status of individuals in relation to others in their society. Absolute poverty affects millions worldwide, particularly in developing countries, and can lead to malnutrition, disease, and limited access to education and employment opportunities. Addressing absolute poverty is crucial for improving global health and economic stability.