what is poverty line
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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.
The largest of these expenses is typically the rent required for accommodation, so historically, economists have paid particular attention to the real estate market and housing prices as a strong poverty line affect.Individual factors are often used to account for various circumstances, such as whether one is a parent, elderly, a child, married, etc. The poverty threshold may be adjusted annually.
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Hi,
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.
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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.
Hope this answer helps you and also mark me as brainlist.
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