What is poverty poverty is a complicated multidimensional, Ask an Expert

Economics

What is poverty?

Poverty is a complicated multidimensional model measured by using a range of indicators. It is about disparities into the distribution of power, opportunity and income. The UN differentiates among:

• Income poverty particular indicator: it is low standard of living measured through income or consumption

• Human poverty for examples: low life expectancy, awareness, standard of living as well as participation. Indicators comprise: education, access to services, health and infrastructure

• Income poverty as like the absolute poor earn one dollar per day or less.

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Business Economics, Economics

Category:- Business Economics
Reference No.:- M9580116

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