Question

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How does a country measure its poverty?


Perivous Question Answer
=> Poverty is a situation in which a person is unable to satisfy minimum basic necessities of life, i.e., food, clothing, education, shelter, health, etc.​

Answer 1

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How does a country measure its poverty?

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The Census Bureau determines poverty status by using an official poverty measure (OPM) that compares pre-tax cash income against a threshold that is set at three times the cost of a minimum food diet in 1963 and adjusted for family size.

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Answer 2

•|Each country uses an imaginary line that is considered appropriate for its existing level of development and its accepted minimum social norms. For example, a person not having a car in the United States may be considered poor. In India, owning of a car is still considered a luxury.

The Census Bureau determines poverty status by using an official poverty measure (OPM) that compares pre-tax cash income against a threshold that is set at three times the cost of a minimum food diet in 1963 and adjusted for family size.

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