Relative poverty is a household income below a certain percentage, typically 50% or 60%, of that country’s median income. This measurement takes into consideration the subjective cost of participating in everyday life. For example, plumbing is a necessity in some places; without plumbing, a person could be considered impoverished. But, in other regions, plumbing is a luxury. lГ¤nkad hГ¤r Relative poverty is helpful for considering income inequality within a country.
What is multidimensional poverty?
Multidimensional poverty acknowledges that poverty isn’t solely about income. Even if a person’s income is above the poverty line, their family may still not have basic services such as electricity, access to clean water, sanitation, and education.
The Global Multidimensional Poverty Index, developed in 2010 by the U.N. Fortsätt läsa ”What is a poverty line, and how are poverty lines calculated?”