Question

Define poverty line & Global poverty scenario​

Answer 1

Answer:

the estimated minimum level of income needed to secure the necessities of life.

The proportion of people in developing countries living in extreme economic poverty— defined by the World Bank as living on less than $1 per day—has fallen from 28 per cent in 1990 to 21 per cent in 2001.

Answer 2

Answer:

poverty line- -the estimated minimum level of income needed to secure the necessities of life.

global poverty scenario-An international monetary threshold under which an individual is considered to be living in poverty is; if an individual's earnings are less than one dollar/ day. It is calculated by taking the poverty threshold from each country