Economy, asked by narendermodi2605, 1 year ago

Methods use to measure poverty

Answers

Answered by aashi4296
1

Answer:

A common method used to measure poverty is based on income or consumption levels. A person is considered poor if his or her income or consumption level falls below a given minimum level necessary to fulfill consumption needs.

Answered by dannishawilson
0

Answer:

poverty line

Explanation:

The poverty line is one way of measuring poverty. It may vary among countries, but it is generally held that on average a family needs to spend approximately one-third of its income on food. This cost is multiplied by three to arrive at the official poverty line, which is adjusted for family size.

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