Discuss the different approaches to measuring poverty

Different approaches to measuring poverty are depletion: the net price , the El Serafy approach, and the present value approach. However, in their estimates of the value of natural resource depletion, SEEA practitioners appear to prefer the so-called "net-price" or net-rent approach. These measures that are cost-based-in particular, the "cost" of replacing any lost resource rent associated with the loss of the natural asset.

The monetary approach

This is the traditional approach, which most people and experts hold (even if they don’t know they do). It basically defines poverty as the lack of material resources, i.e. income. That is, people are poor if they don’t have money.

Capability approach

The Capability approach, proposed by novel prize laureate Amartya Sen, goes beyond the ________ __________ _______ ___ ______ ___ __________ _______.
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