Economy, asked by partharora167, 1 year ago

DESCRIBE GLOBAL POVERTY LINE

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Answered by Jopoul333
3

Answer:

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Explanation:

The international poverty line is a monetary threshold under which an individual is considered to be living in poverty. It is calculated by taking the poverty threshold from each country—given the value of the goods needed to sustain one adult—and converting it into dollars.

The international poverty line, currently set at $1.90 a day, is the universal standard for measuring global poverty. This line helps measure the number of people living in extreme poverty and helps compare poverty levels between countries.

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