#WALK WITH ME Living in poverty@@@@@@

in walkwithme •  7 years ago  (edited)

The poverty line or poverty line is the minimum level of income that is deemed necessary to be met to obtain an adequate standard of living in a country. In practice, the formal or public understanding of the poverty line (as well as the definition of poverty) is higher in developed countries than in developing countries.

Almost every society has people living in poverty. The poverty line serves as an economic tool that can be used to measure the poor and consider socio-economic reforms, such as welfare and unemployment insurance programs to combat poverty.

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