Explain the concept of poverty line.

Explain the concept of poverty line.

The poverty line is a threshold or a minimum level of income or consumption that is used to determine whether an individual or a household is considered to be living in poverty. It is typically calculated based on the cost of a basic set of goods and services necessary for survival, such as food, shelter, clothing, and healthcare. Individuals or households whose income or consumption falls below the poverty line are considered to be living in poverty, while those above the poverty line are considered to be above the poverty threshold. The poverty line is used as a measure to assess the extent of poverty within a population and to design and evaluate poverty alleviation programs and policies.