Question

How is poberty defined by the world Bank

Answer 1

The bank defines extreme poverty as living on less than US$1.90 per day> (PPP), 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.

l hope that this answer help you

Answer 2

Answer:

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.

Hope it helps