Question

What is a poverty line? What is the minimum earning criteria set by the world Bank?

Answer 1

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Answer 2

Answer:

what is poverty line??

ans:-The poverty threshold, poverty limit, poverty line or breadline is the minimum level of income deemed adequate in a particular country. Poverty line is usually calculated by finding the total cost of all the essential resources that an average human adult consumes in one year.

What is the minimum earning criteria set by the world Bank?

ans:-low-income economies are defined as those with a GNI per capita, calculated using the World Bank Atlas method, of $1,025 or less in 2018; lower middle-income economies are those with a GNI per capita between $1,026 and $3,995; upper middle-income economies are those between $3,996 and $12,375; high-