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what is poverty line Related: Class 9 SST: CBSE Sample Question Paper...
The poverty line is a measure of poverty that is used to determine the minimum income needed to meet basic needs. It is often used to identify people who are living in poverty and to determine the extent of poverty in a given population.
The poverty line is typically set by national or international agencies, such as the World Bank or the United States Census Bureau, based on the cost of a basic basket of goods and services that are necessary for survival. This basket typically includes items such as food, shelter, clothing, and healthcare.
The poverty line is usually expressed in terms of a monetary value, such as a certain amount of money per day, week, or year. People who have an income below the poverty line are considered to be living in poverty, while those who have an income above the poverty line are considered to be above the poverty line.
The poverty line is often used to allocate resources and target assistance to those who are most in need, and to measure the effectiveness of poverty reduction programs. However, it has been criticized for not taking into account other factors that can affect a person's standard of living, such as the cost of living in a particular location or the availability of social services.
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what is poverty line Related: Class 9 SST: CBSE Sample Question Paper- Term II (2021-22)- 1?
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