what is poverty gap?
Answers
Answered by
0
Answer:
The poverty gap is a ratio showing the average shortfall of the total population from the poverty line—the minimum level of income required to secure the basic necessities for survival. In other words, it reflects the intensity of poverty in a nation.
Answered by
0
★ Answer ★
♣︎ The poverty gap is the ratio by which the mean income of the poor falls below the poverty line. The poverty line is defined as half the median household income of the total population. ♣︎
Mr.Gupta ♠︎
Similar questions