Gujarat BoardEnglish MediumSTD 12 CommerceEconomicsPOVERTY2 Marks
Question
How poverty can be measured at international level?
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Answer
At international level to decide poverty line an average expenses of young person in a year is calculated $($the world bank parity$)$ in the year $2005.$
According to them per capita expenses in a day was $1.25 $. As per this standard $1$ in $1990$ and $1.90$ in $2005$ were measured.
Pepole below that line were called poor.
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