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Answers
Explanation:
person is considered poor if his or her income or consumption level falls below a given
minimum level necessary to fulfil basic needs. Each country uses an imaginary line that
is considered appropriate for its existing level of development and its accepted
minimum social norms. This is called the poverty line.
While determining the poverty line in India, a minimum level of food requirement,
clothing, footwear, fuel and light, educational and medical requirements, etc., are
determined for subsistence. These physical quantities are multiplied by their prices in
rupees, and thereby the poverty line is arrived at. The numbers involved in the calculation
of the poverty line vary. Since the economics of living in the rural parts of the country is
different from that of living in the urban parts, the poverty line deducted for individuals
living in the rural areas is different from that deducted for individuals living in the urban
areas.
Answer:
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