Asked by
Gavin Rotante
on Dec 01, 2024Verified
What sort of measure of poverty are we using when we compare the salaries of the lowest-paid members of a corporation with the salary of the CEO?
A) relative deprivation
B) cultural poverty
C) absolute deprivation
D) horizontal poverty
Relative Deprivation
A condition or feeling experienced when a person or group believes they are worse off compared to some standard or to other groups.
CEO
Chief Executive Officer, the highest-ranking person in a company or other institution, ultimately responsible for making managerial decisions.
- Understand the causes, measures, and effects of poverty.
Verified Answer
KG
Learning Objectives
- Understand the causes, measures, and effects of poverty.