Question
Explain the term 'poverty' and bring out its estimation method.
Answer :
Word Count : 509
Poverty is a multifaceted concept that generally refers to the state in which individuals or groups are unable to meet their basic needs for a minimum standard of living. These basic needs typically include food, clothing, shelter, education, and access to healthcare. Poverty is not merely a lack of income; it also encompasses the inability to participate effectively in society, lack of access to essential services, vulnerability to economic shocks, and social exclusion. Economists, policymakers, and social administrators often distinguish between absolute poverty and _______ ______ _________ _______ ___ ____ _____.
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Poverty is a multifaceted concept that generally refers to the state in which individuals or groups are unable to meet their basic needs for a minimum standard of living. These basic needs typically include food, clothing, shelter, education, and access to healthcare. Poverty is not merely a lack of income; it also encompasses the inability to participate effectively in society, lack of access to essential services, vulnerability to economic shocks, and social exclusion. Economists, policymakers, and social administrators often distinguish between absolute poverty and _______ ______ _________ _______ ___ ____ _____.
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