Class 9 Exam > Class 9 Questions > Poverty as defined by World Bank implies livi...
Start Learning for Free
Poverty as defined by World Bank implies living below:
- a)$ 1.90 per day
- b)$100 per month
- c)$10 per day
- d)$100 per day
Correct answer is option 'A'. Can you explain this answer?
Most Upvoted Answer
Poverty as defined by World Bank implies living below:a)$ 1.90 per day...
The correct answer is option 'A', which states that poverty as defined by the World Bank implies living below $1.90 per day. This definition of poverty is based on the concept of extreme poverty, which refers to the inability to meet basic needs for survival. Let's explore this answer in detail.
Understanding the World Bank's Definition of Poverty:
The World Bank is an international financial institution that provides loans and grants to the governments of low- and middle-income countries for various development projects. One of the key areas of focus for the World Bank is poverty reduction. To effectively work towards reducing poverty, the World Bank has defined poverty lines based on income levels.
The $1.90 per Day Threshold:
The World Bank's poverty line for extreme poverty is set at $1.90 per day. This means that individuals living on less than $1.90 per day are considered extremely poor. This threshold is based on the purchasing power parity (PPP) exchange rates, which take into account the differences in the cost of living across countries. It is important to note that this threshold is updated periodically to account for inflation and changes in the cost of living.
Reasoning behind the $1.90 per Day Threshold:
The $1.90 per day threshold was established by the World Bank to reflect the minimum income required to meet basic needs for survival. This includes factors such as food, shelter, healthcare, education, and other essentials. By setting a global standard, the World Bank aims to measure the extent of extreme poverty and monitor progress in poverty reduction efforts.
Implications of Living Below $1.90 per Day:
Living below $1.90 per day means that individuals or households do not have sufficient income to meet their basic needs. It often implies limited access to nutritious food, clean water, adequate housing, healthcare, education, and other essential services. Individuals living in extreme poverty face significant challenges in improving their living conditions and breaking the cycle of poverty.
Importance of Poverty Measurement:
Defining and measuring poverty is crucial for policymakers, governments, and organizations to design effective poverty reduction strategies. The World Bank's poverty line provides a standardized measure that helps in comparing poverty rates across countries and tracking progress over time. It also enables the identification of regions or populations that are most affected by extreme poverty, allowing for targeted interventions and resource allocation.
In conclusion, poverty as defined by the World Bank implies living below $1.90 per day. This threshold represents the minimum income required to meet basic needs for survival and is updated periodically to reflect changes in the cost of living. Understanding and measuring poverty is essential for addressing this global challenge and working towards sustainable development.
Understanding the World Bank's Definition of Poverty:
The World Bank is an international financial institution that provides loans and grants to the governments of low- and middle-income countries for various development projects. One of the key areas of focus for the World Bank is poverty reduction. To effectively work towards reducing poverty, the World Bank has defined poverty lines based on income levels.
The $1.90 per Day Threshold:
The World Bank's poverty line for extreme poverty is set at $1.90 per day. This means that individuals living on less than $1.90 per day are considered extremely poor. This threshold is based on the purchasing power parity (PPP) exchange rates, which take into account the differences in the cost of living across countries. It is important to note that this threshold is updated periodically to account for inflation and changes in the cost of living.
Reasoning behind the $1.90 per Day Threshold:
The $1.90 per day threshold was established by the World Bank to reflect the minimum income required to meet basic needs for survival. This includes factors such as food, shelter, healthcare, education, and other essentials. By setting a global standard, the World Bank aims to measure the extent of extreme poverty and monitor progress in poverty reduction efforts.
Implications of Living Below $1.90 per Day:
Living below $1.90 per day means that individuals or households do not have sufficient income to meet their basic needs. It often implies limited access to nutritious food, clean water, adequate housing, healthcare, education, and other essential services. Individuals living in extreme poverty face significant challenges in improving their living conditions and breaking the cycle of poverty.
Importance of Poverty Measurement:
Defining and measuring poverty is crucial for policymakers, governments, and organizations to design effective poverty reduction strategies. The World Bank's poverty line provides a standardized measure that helps in comparing poverty rates across countries and tracking progress over time. It also enables the identification of regions or populations that are most affected by extreme poverty, allowing for targeted interventions and resource allocation.
In conclusion, poverty as defined by the World Bank implies living below $1.90 per day. This threshold represents the minimum income required to meet basic needs for survival and is updated periodically to reflect changes in the cost of living. Understanding and measuring poverty is essential for addressing this global challenge and working towards sustainable development.
Free Test
FREE
| Start Free Test |
Community Answer
Poverty as defined by World Bank implies living below:a)$ 1.90 per day...
Option a
|
Explore Courses for Class 9 exam
|
|
Top Courses for Class 9View all
Question Description
Poverty as defined by World Bank implies living below:a)$ 1.90 per day b)$100 per monthc)$10 per day d)$100 per dayCorrect answer is option 'A'. Can you explain this answer? for Class 9 2025 is part of Class 9 preparation. The Question and answers have been prepared according to the Class 9 exam syllabus. Information about Poverty as defined by World Bank implies living below:a)$ 1.90 per day b)$100 per monthc)$10 per day d)$100 per dayCorrect answer is option 'A'. Can you explain this answer? covers all topics & solutions for Class 9 2025 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Poverty as defined by World Bank implies living below:a)$ 1.90 per day b)$100 per monthc)$10 per day d)$100 per dayCorrect answer is option 'A'. Can you explain this answer?.
Poverty as defined by World Bank implies living below:a)$ 1.90 per day b)$100 per monthc)$10 per day d)$100 per dayCorrect answer is option 'A'. Can you explain this answer? for Class 9 2025 is part of Class 9 preparation. The Question and answers have been prepared according to the Class 9 exam syllabus. Information about Poverty as defined by World Bank implies living below:a)$ 1.90 per day b)$100 per monthc)$10 per day d)$100 per dayCorrect answer is option 'A'. Can you explain this answer? covers all topics & solutions for Class 9 2025 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Poverty as defined by World Bank implies living below:a)$ 1.90 per day b)$100 per monthc)$10 per day d)$100 per dayCorrect answer is option 'A'. Can you explain this answer?.
Solutions for Poverty as defined by World Bank implies living below:a)$ 1.90 per day b)$100 per monthc)$10 per day d)$100 per dayCorrect answer is option 'A'. Can you explain this answer? in English & in Hindi are available as part of our courses for Class 9.
Download more important topics, notes, lectures and mock test series for Class 9 Exam by signing up for free.
Here you can find the meaning of Poverty as defined by World Bank implies living below:a)$ 1.90 per day b)$100 per monthc)$10 per day d)$100 per dayCorrect answer is option 'A'. Can you explain this answer? defined & explained in the simplest way possible. Besides giving the explanation of
Poverty as defined by World Bank implies living below:a)$ 1.90 per day b)$100 per monthc)$10 per day d)$100 per dayCorrect answer is option 'A'. Can you explain this answer?, a detailed solution for Poverty as defined by World Bank implies living below:a)$ 1.90 per day b)$100 per monthc)$10 per day d)$100 per dayCorrect answer is option 'A'. Can you explain this answer? has been provided alongside types of Poverty as defined by World Bank implies living below:a)$ 1.90 per day b)$100 per monthc)$10 per day d)$100 per dayCorrect answer is option 'A'. Can you explain this answer? theory, EduRev gives you an
ample number of questions to practice Poverty as defined by World Bank implies living below:a)$ 1.90 per day b)$100 per monthc)$10 per day d)$100 per dayCorrect answer is option 'A'. Can you explain this answer? tests, examples and also practice Class 9 tests.
|
|
Explore Courses for Class 9 exam
|
|
Signup for Free!
Signup to see your scores go up within 7 days! Learn & Practice with 1000+ FREE Notes, Videos & Tests.
|
© EduRev
|
Education Revolution
|
|
Signup on EduRev and stay on top of your study goals
10M+ students crushing their study goals daily