Economics Poverty Questions
The poverty headcount ratio is a measure that indicates the proportion of a population living below the poverty line. The gap severity index measures the depth of poverty by considering the distance between the poverty line and the income of those below it. The elasticity index ratio measures the responsiveness of poverty reduction to changes in economic growth. The threshold line is the income level used to determine poverty. Incidence reduction strategy refers to policies and programs aimed at reducing poverty rates. The program cycle trap refers to the cycle of poverty that can be difficult to escape without targeted interventions. The threshold gap severity elasticity index ratio threshold line refers to the combination of these measures and concepts used to analyze and address poverty.