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Poverty line is determined on the basis of monetary value minimum subsistence level which is
- a)Higher in both areas
- b)Only slightly higher in urban areas
- c)Higher in rural areas
- d)Higher in urban areas
Correct answer is option 'D'. Can you explain this answer?
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Verified Answer
Poverty line is determined on the basis of monetary value minimum subs...
There is a large gap between the conceptual understanding of poverty and its measurement in both rural and urban areas. Poverty is understood to encompass many different aspects including inadequate consumption, inadequate income and asset base, and inadequate access to basic infrastructure and services. For urban poverty, at the very least it should reflect the income needed not only to purchase sufficient food but also to obtain a secure shelter with adequate quality water, sanitation and garbage collection, to pay for transport and for keeping children at school, and to afford health care and medicines when needed. The ‘non-food’ monetary costs of avoiding poverty are generally higher in urban areas than in rural areas, as access to housing, resources and services are monetized – and usually particularly expensive in larger or more prosperous cities.
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Poverty line is determined on the basis of monetary value minimum subs...
Explanation:
The poverty line is the minimum level of income required to meet basic needs such as food, clothing, shelter, and healthcare. The determination of the poverty line is essential to measure the extent of poverty in a country and to design policies for poverty alleviation.
The poverty line is determined on the basis of the minimum subsistence level, which varies across regions and areas. The subsistence level is the minimum amount of money required to fulfill the basic needs of an individual or a family.
Higher in Urban Areas:
The poverty line is higher in urban areas because the cost of living is generally higher in cities. Urban areas have more expensive housing, transportation, and healthcare costs. Also, the cost of food and other basic necessities is generally higher in urban areas due to higher demand and supply chain costs.
Lower in Rural Areas:
In contrast, the poverty line is lower in rural areas because the cost of living is generally lower in rural areas. Rural areas have cheaper housing, transportation, and healthcare costs. Also, the cost of food and other basic necessities is generally lower in rural areas due to lower demand and supply chain costs.
Conclusion:
Therefore, option D is the correct answer, as the poverty line is higher in urban areas due to higher costs of living. It is essential to determine the poverty line accurately to measure the extent of poverty and design effective policies for poverty alleviation.
The poverty line is the minimum level of income required to meet basic needs such as food, clothing, shelter, and healthcare. The determination of the poverty line is essential to measure the extent of poverty in a country and to design policies for poverty alleviation.
The poverty line is determined on the basis of the minimum subsistence level, which varies across regions and areas. The subsistence level is the minimum amount of money required to fulfill the basic needs of an individual or a family.
Higher in Urban Areas:
The poverty line is higher in urban areas because the cost of living is generally higher in cities. Urban areas have more expensive housing, transportation, and healthcare costs. Also, the cost of food and other basic necessities is generally higher in urban areas due to higher demand and supply chain costs.
Lower in Rural Areas:
In contrast, the poverty line is lower in rural areas because the cost of living is generally lower in rural areas. Rural areas have cheaper housing, transportation, and healthcare costs. Also, the cost of food and other basic necessities is generally lower in rural areas due to lower demand and supply chain costs.
Conclusion:
Therefore, option D is the correct answer, as the poverty line is higher in urban areas due to higher costs of living. It is essential to determine the poverty line accurately to measure the extent of poverty and design effective policies for poverty alleviation.
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Poverty line is determined on the basis of monetary value minimum subs...
B
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Poverty line is determined on the basis of monetary value minimum subsistence level which isa)Higher in both areasb)Only slightly higher in urban areasc)Higher in rural areasd)Higher in urban areasCorrect answer is option 'D'. Can you explain this answer?
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