Economy, asked by bobygogoi200131, 1 month ago

what is poverty line?​

Answers

Answered by suryavanshid976
0

Answer:

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

Answered by dixitadas8218
0

1)Poverty line is the level of income to meet the minimum living conditions. 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.

2)A person is considered poor if his or her income or consumption level falls below a given “minimum level” necessary to fulfil the basic needs. This minimum level is called the poverty line

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