[PDF] poverty line

What do you mean by poverty line?

We start with national poverty lines, which usually reflect the line below which a person’s minimum nutritional, clothing, and shelter needs cannot be met in that country. Not surprisingly, richer countries tend to have higher poverty lines, while poorer countries have lower poverty lines.

What does it mean to be "below the poverty line"?

What Does It Mean To Be Below The Poverty Line? a basic living standard worth living upon with adequate income for items such as food, clothing, housing, and a roof over your head (i.e. live above, below, or under the poverty line). Half of all families live below the poverty line.

What does 200 percent of poverty line mean?

The poverty level in the U.S. is around $23,000 for a family of 4. If you are 100% below the poverty level then you and your family make 0. 200% would be impossible. At 100% below the poverty level you would starve to death along with your family. You are in pretty bad shape.

What is poverty line definition?

The poverty line varies by individual country. The poverty line is the minimal amount of money an individual can live on in a specific country over a particular period. A method used by economists to arrive at the poverty line involves calculating the cost of the resources an average human requires each year.