Economy, asked by Shubhamjagtap4775, 8 months ago

According to the World Bank, what is the measure of poverty?

Answers

Answered by chetansharma786
2

Explanation:

The World Bank defines poverty in absolute terms. The bank defines extreme poverty as living on less than US$1.90 per day> (PPP), and moderate poverty as less than $3.10 a day. ... Poverty rates rose to 6 percent at the end of the decade before beginning to recede. There are criticisms of these measurements.

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Answered by Sanskriti141
3

Explanation:

According to the World Bank, the measure of poverty is Per Capita Income or Average Income.

It is the sum of the income of the population of the country divided by the number of people in that country.

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