What are different methods to estimate of poverty
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Answered by
6
Hey buddy here is ur 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 basic needs.
Hope u like 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 basic needs.
Hope u like answer ...
^_^
Answered by
1
Answer:
There are two common methods to estimate the poverty line. They are: Income method: As per government guidelines if the income of a person is below the set levels which is 40500 to 49000 in rural areas and 51500 to 60000 in urban areas the person is considered poor.
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