Question

notes of poverty class 12
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Answer 1

Explanation:

Poverty is the inability to fulfill the minimum requirement of life like food, clothing, housing education and health facilities etc.

Relative poverty refers to poverty of people in comparison to other people in different region or nations.

Absolute poverty refers to total number of people living below the poverty line.

Absolute poverty is measured on the basis of two criteria:-

1. Minimum Calories Consumption Criteria

2. Minimum Consumption Expenditure Criteria

1. Minimum Calories Consumption:- People who are not getting 2400 calories per person per day in rural areas and 2100 calories in urban area is considered to be living below poverty line.

2. Minimum Consumption Expenditure Criteria:- The new poverty line, thus, translates to a monthly per capita consumption expenditure of Rs 972 in rural areas and Rs 1,407 in urban areas in 2011-12. Or, Rs 32 in rural areas and Rs 47 in urban areas on a per capita daily basis.