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Preferred term

relative welfare index  

Definition

  • In order to understand what a relative welfare index is one must first understand the definitions of an index and welfare index in this context. An index is a list of related data that together forms a dataset able to be used for the determination of averages, correlations, and other aspects of data analytics. [Source: The SAGE Encyclopedia of World Poverty; Relative Welfare Index]

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URI

https://concepts.sagepub.com/social-science/concept/relative_welfare_index

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