It is a multifaceted concept, which includes social, economic, and political elements Absolute poverty or destitution refers to the deprivation of basic human needs, which commonly includes food, water, sanitation, clothing, shelter and health care.elative poverty measures are used as official poverty rates by the European Union, UNICEF and the OEDC. The main poverty line used in the OECD and the European Union is based on economic distance, a level of income set at 60% of the median household income.
wholesale - the selling of goods to merchants; usually in large quantities for resale to consumers. marketing, merchandising, selling - the exchange of goods for an agreed sum of money. retail - the selling of goods to consumers; usually in small quantities and not for resale.
Retail is the nationâs largest private sector employer driving the U.S. economy and creating jobs in communities around the country. Retail is everywhere. Here is a quick look at retail's impact across America.