Question

Give the definition of poverty line as defined by the world bank .

Answer 1

Answer:

The World Bank sets the international poverty line at periodic intervals as the cost of living for basic food, clothing, and shelter around the world changes. In the 2008 update, the poverty line was set at $1.25 per day. In 2015, the threshold was updated to $1.90 per pay.

Answer 2

The definition of poverty line as defined by the World Bank: minimum availability of the equivalent of $1.90 per person per day[2011,PPP]