How is poverty measured
Answers
Explanation:
Poverty is measured in the United States by comparing a person's or family's income to a set poverty threshold or minimum amount of income needed to cover basic needs. People whose income falls under their threshold are considered poor. The U.S. Census Bureau is the government agency in charge of measuring poverty.
Hope it helps you dear....
Answer:
Most countries in the world measure their poverty using an absolute threshold, or in other words, a fixed standard of what households should be able to count on in order to meet their basic needs. ... Setting poverty lines in relative terms is especially prevalent in European countries.
The index i = 1… M, where M is the total number of households in the sample
Hope it's will help you
Explanation:
If helpful this answer ..like ,share ..