What do you mean by poverty line?
Poverty Line.......Poverty line is an imaginary line used by any country to determine its poverty. It is considered appropriate by a country according to its existing social norms. It varies from time to time, place to place and country to country.The most common method of determining poverty is income or consumption levels i.e. people will be considered poor if their income or consumption level falls below a given ‘minimum level’ (poverty line) necessary to fulfil the basic needs. hope it is help full
What do you mean by poverty line?
Definition:
The poverty line is a term that is used to describe the minimum level of income that is required to meet basic needs such as food, shelter, and clothing. It is also known as the poverty threshold, and it is used by governments and international organizations to measure the number of people living in poverty.
Measurement:
The poverty line is measured in terms of income, and it varies from country to country. In some countries, it is based on the cost of a basket of goods and services, while in others it is based on a percentage of the median income. The poverty line is often adjusted for inflation and changes in the cost of living.
Uses:
The poverty line is used by governments and organizations to measure poverty rates and to develop policies to reduce poverty. It is also used to determine eligibility for social welfare programs such as food stamps, housing assistance, and Medicaid.
Criticism:
The poverty line has been criticized for being too low and for not taking into account differences in the cost of living between different regions and cities. It has also been criticized for not taking into account non-monetary factors such as access to healthcare, education, and social services.
Conclusion:
Despite its limitations, the poverty line remains an important tool for measuring poverty and developing policies to reduce poverty. It is important to continue to refine and improve the measurement of poverty in order to ensure that policies are effective in reducing poverty and improving the lives of those who are most in need.
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