Question

what is the decide criterion for poverty​

Answer 1

Explanation:

1. A person is considered poor if his or her income or consumption falls below a given "minimum level" necessary to satisfy basic needs.

2.while determining the poverty of India a minimum level of food requirement,

clothing, footwear, fuel, light, etc, . are determined for subsistence.

Answer 2

Answer:

Poverty is the serious and complex economic problem. It is a situation wherein a large number of people are unable to satisfy even their basic requirements of food, clothing, shelter, education and health.

Absolute poverty means the people who are not able to purchase the basic necessities even at the lowest market price.

Relative poverty means a class of people whose standard of living is inferior in comparison to the other classes in the society.