what is poverty line? class 9 economics ch 3
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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.
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poverty line is a common method used to measure the based on income or consumption levels, person is considered poor if his or her consumption level is below a given level set by each country while determining the poverty line in India a minimum level of food requirement clothing education medical requirement light footwear etc.
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