What is the meaning of poverty line

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What is the Meaning of Poverty Line?

The poverty line is a measure of poverty in a given country or region. It is calculated by the government or other official organizations and is used to determine eligibility for various assistance programs. The poverty line is typically based on the cost of basic necessities, such as food, shelter, and clothing. It is usually expressed as a percentage of the median household income in the country or region.

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In the United States, the poverty line is set at an annual income of $12,490 for a single person or $25,750 for a family of four. This is based on the federal poverty level, which is adjusted for inflation and varies by family size. People who make less than the poverty line are considered to be living in poverty.

Poverty lines are used to measure the extent of poverty in a given country or region. They are also used to determine eligibility for government assistance programs. For example, people who make less than the poverty line may be eligible for food stamps or other forms of assistance. The poverty line is also used to measure economic inequality in a given area. Areas with higher poverty rates tend to have higher levels of economic inequality.

The poverty line is an important measure of poverty and economic inequality in a given country or region. It is used to determine eligibility for various assistance programs and to measure the extent of poverty and economic inequality. Although the poverty line is an important measure, it does not take into account other factors that may contribute to poverty, such as access to education, healthcare, and employment opportunities.

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