What is Poverty line? Explain.
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a level of personal or family income below which one is classified as poor according to governmental standards. — called also poverty level.
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 estimated minimum level of income needed to secure the necessities of life.
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