Question

what is poverty line​

Answer 1

Hey mate.....

Here's your answer.....

Poverty limit or poverty line is the minimum level of income deemed adequate in a particular country. Determining the poverty line is usually done by finding the total cost of all the essential resources that an average human adult consumes in one year.

Hope this will be helpful to you mate....

Answer 2

Answer:

Poverty line is the amount of money needed for a person to meet his basic needs. It is defined as the money value of the goods and services needed to provide basic welfare to an individual.

poverty line differs from one country to another, depending upon the idea of poverty .poverty line changes from one country to another. In developed countries, where there is advanced standard of living and welfare concepts, poverty line is high as basic standard to live include higher consumption requirements and accessibility to many goods and services.whereas in many less developed countries, the basic requirements will be low and contains mostly essential consumption items needed to sustain life. This means that poverty line is set by the welfare standard in a particular society (economy).

eg-poverty line in a developed country like USA would be different from a underdeveloped country like Bangladesh.

hope it helps!

Explanation: