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?