GLOSSARY

Poverty line

It is a measure based on levels of income and consumption by people to identify poor. People must meet their basic needs of food, clothing, clean water, education, and healthcare by having a minimum level of income and consumption.

 

Global poverty scenario

Global poverty has declined significantly. Regional differences, however, are significant. Southeast Asian and Chinese countries have experienced greater poverty declines.

 

Vulnerability

It describes the greater probability of certain communities or individuals becoming or remaining, poor in the coming years.

 

Monetary Expenditure 

It means the money spent on purchasing any goods or services.

 

Headcount ratio

National poverty headcount ratio is the percentage of the population living below the national poverty line.

Ask a doubt
Davneet Singh's photo - Co-founder, Teachoo

Made by

Davneet Singh

Davneet Singh has done his B.Tech from Indian Institute of Technology, Kanpur. He has been teaching from the past 14 years. He provides courses for Maths, Science, Social Science, Physics, Chemistry, Computer Science at Teachoo.