Economic Disparities Questions Medium
The poverty line is a threshold or a specific income level set by the government or relevant authorities to determine the minimum income required for individuals or families to meet their basic needs and maintain a decent standard of living. It serves as a measure to identify and quantify the number of people living in poverty within a particular country or region. The poverty line varies across countries and is often adjusted for factors such as family size, location, and cost of living. Individuals or households falling below the poverty line are considered to be living in poverty and may face significant economic hardships, limited access to basic necessities, and reduced opportunities for social and economic mobility.