Diagrams Definitions:

  • Poverty
  • Absolute Poverty
  • Poverty line
  • Extreme poverty
  • Relative poverty Minimum income standards: Ongoing research on the essential items, social and cultural needs, and calculates necessary income to satisfy them. Other measurements other than wages include the Multidimensional Poverty index.

Difficulties

  • Different areas have different costs of living. One poverty line often isn’t accurate everywhere
  • Poverty line does not include how far below the line people are, kind of like a binary threshold.

Causes

Consequences some hinderances to accuracies

how to make sure this doesnt happen?