Question 25 of 34
Q.Which uniform method is used to measure absolute poverty for the different nations?
Gujarat GsebGujarat Board (GSEB) HSC Commerce Board 2025Subjective· 1mImportance★★★★★
74% · 25/34 Questions
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Start your 14-day free trial to unlock the full solution →Absolute poverty across nations is compared using the World Bank's 'one dollar per day' (dollar-a-day) income method.
Absolute poverty means the inability to obtain the minimum basic necessities of life. To measure and compare it uniformly across different countries, a common international income standard is needed, because each country's own poverty line is in its own currency. The World Bank therefore uses the 'one dollar a day' benchmark (a person earning below this internationally comparable amount, in purchasing-power terms, …
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