Social Sciences, asked by 9717980872, 1 year ago

poverty line may vary with time and place explain

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Answered by 2Tina1
68
Hii,Your answer is here -
A person is considered poor if the income or consumption level of a person falls below a given minimum level necessary to fulfill basic needs. Basic needs are different countries and different time. That is why, poverty line may vary with time and place. Each country uses an imaginary line that is considered appropriate for its existing level of development and its accepted minimum social norms.Thus,it can be concluded that poverty line may vary with time and place.....

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Answered by tkaur8381
28

1 the poverty line is the imaginary line which is used to calculate the poverty percentage of the country

2 a person is considered poor if his or her income level falls below the minimum level that is used to fullfill the basic needs

3 the basic needs may vary from place to place and from time to time. Like now your basic needs may be less but when u go to any foreign country then u may have to fullfill many more needs and your needs may rise

4 due to varying prices of goods too ,the poverty line may vary

5 for estimating poverty line a minimum level of food requirement ,footwear,clothing ,medical facilities are set and are multiplied by the prices in ruppess

Explanation:

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