here are two important definitions of poverty which explains the concept of poverty with detailed briefing.

1.       There are two important definitions of poverty which explains the concept of poverty with detailed briefing. A subsistence definition and Relative deprivation both are main types of poverty while living in the society. This concept of subsistence is based on an estimation of the level of income necessary for buying food and basic needs of survival. The cost of this food is seen as the basic cost. In this type of poverty people are socially excluded due to the lack of provision of basic needs of people.