CUET Preparation Today
Which of the following is considered as a common method to measure "Poverty"? |
Income level Consumption level Both 1 and 2 None of the above |
Both 1 and 2 |
A common method used to measure poverty is based on the income or consumption levels i.e. the total money income earned by the person or his level of consumption. A person is considered poor if his or her income or consumption level falls below a given “minimum level” necessary to fulfill the basic needs. |
