b5 economic factors

    Cards (2)

    • income - money coming in
      expenditure - money coming out

      absolute poverty - a state where people can’t afford basic resources (clothes, food, housing)
      relative poverty - a state where people can afford basic resources but nothing else

      living with a lack of income means being unable to live in a minimal acceptable standard
    • lifestyle - represents the way you choose to spend your time and money
      — people’s leisure activities, exercise, diet, how you dress and present yourself
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