who are considered poverty
Answers
Explanation:
The poverty threshold, poverty limit or poverty line is the minimum level of income deemed adequate in a particular country.[1]
Determining the poverty line is usually done by finding the total cost of all the essential resources that an average human adult consumes in one year.[2]The largest of these expenses is typically the rentrequired to live in an apartment, so historically, economists have paid particular attention to the real estate market and housing prices as a strong poverty line affector.[citation needed] Individual factors are often used to account for various circumstances, such as whether one is a parent, elderly, a child, married, etc.[citation needed] The poverty threshold may be adjusted annually.
In practice, like the definition of poverty, the official or common understanding of the poverty line is significantly higher in developed countries than in developing countries.[3][4]
In October 2015, the World Bank updated the international poverty line, a global absolute minimum, to $1.90 a day. [5]
By this measure, the percentage of the global population living in absolute poverty fell from over 80% in 1800 to 10% by 2015, according to United Nations estimates, which found roughly 734 million people remained in absolute poverty.[6][7]
please mark me brainliest
Answer:
a person who have no money is known as poover