Social Sciences, asked by tohanankita05102005, 8 months ago

define poverty with contest to world Bank​

Answers

Answered by Anonymous
3

Poverty is not having enough material possessions or income for a person's needs. Poverty may include social, economic, and political elements. Absolute poverty is the complete lack of the means necessary to meet basic personal needs, such as food, clothing, and shelter.

Answered by Anonymous
1

Answer:

The World Bank defines poverty in absolute terms. The bank defines extreme poverty as living on less than US$1.90 per day, and moderate poverty as less than $3.10 a day. It has been estimated that in 2008, 1.4 billion people had consumption levels below US$1.25 a day and 2.7 billion lived on less than $2 a day.

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