Economy, asked by NEERAj3113, 8 months ago

Describe the global poverty lines.

Answers

Answered by kayalrajasingam
0

Answer:

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.

Answered by viratgraveiens
0

Global or International Poverty Line is an universal standard or parameter to measure the poverty level of any individual or household.

Explanation:

  • Global or International Poverty line is a global threshold or parameter to evaluate the poverty level of any individual or household which can be practically applicable to any country or nation in the world.
  • Based on the parameter or threshold stipulated by the global poverty line,any individual or household earning below $1.90 a day is universally considered to be below poverty line.
  • The criteria for examining individual level poverty mainly includes the market value of basic commodities and services that are regularly needed by any individual for self-sustenance.However,it does not account for various other indicators of human development such as access to basic sanitary facilities and clean drinking water,public infrastructural facilities such as education or medical/health services and so on.
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