Q- What is concept of poverty line? How does it vary with time and places?
Answer:-
· Poverty line is a certain line which is set by the government after calculating the minimum expanses of a person to survive that amount is calculated in money
· A person is said to be poor if a person is earning less than the minimum amount set by the government then he or she is said to be below the poverty line and a person is earning more than the minimum amount set by the government then he or she is said to be above the poverty line.
· Poverty line vary from different places and time
· Every country use different amounts and make different line of poverty according to their countries citizen basic needs
· A person living in America is said to be poor if he doesn’t own car while in India if a person owning a car is said to be rich.