Final answer:
A sense of relative deprivation is a subjective assessment of one's own situation in comparison to others or personal expectations, and the statement is true. Subjective poverty occurs when an individual's income does not meet their expectations, while absolute poverty is objectively measured by the lack of basic necessities.
Step-by-step explanation:
The statement that a person who experiences a sense of relative deprivation is making a subjective assessment of their situation is True. Relative deprivation occurs when an individual perceives themselves as worse off compared to others in their society or context, based on their own expectations and desires. It is a subjective concept because it reflects an individual's personal feelings of dissatisfaction, irrespective of their objective circumstances. For example, subjective poverty is when a person's actual income does not meet their own expectations and perceptions, even if they can afford basic necessities. By contrast, absolute poverty is a condition of severe deprivation that threatens survival, which is more objectively measurable.
The concept of subjective poverty highlights that poverty can be seen in the eyes of the beholder. A person may define their experiences of poverty based on personal standards and cultural context. This is illustrated by W.I. Thomas's Thomas theorem, which postulates that if people believe a situation is real, it has real consequences, underscoring the power of subjective perception over one's behavior. Therefore, not having the means to live the lifestyle of the average person in your country constitutes relative poverty, while subjective poverty is more about the mismatch between one's earnings and personal expectations.
In the given scenario, Faith feels that her income should allow for a higher standard of living based on her education and experience. Despite having enough for the basics, she is experiencing subjective poverty, as her actual income does not align with her individual definition of what she should be able to afford.