The percentage of people living in households with income below the official poverty line is referred to as the "poverty rate." This statistic is commonly used to assess the economic well-being of a population and to guide social policy and resource allocation. The poverty rate can vary significantly based on factors such as location, Demographics, and economic conditions.
The percentage of people who live in households with income below the official poverty line is referred to as the poverty rate. This metric is used to assess economic well-being and social conditions within a population, helping to identify the proportion of individuals and families struggling financially. The poverty rate can vary based on factors such as geographic location, demographic characteristics, and economic conditions.
SOCIAL GROUPS: SCs and STs households ECONOMIC GROUPS: rural agricultural labor households and the urban casual households
As of the latest available data from 2021, Canada's overall poverty rate was approximately 6.4%, based on the official measure known as the Market Basket Measure (MBM). This statistic reflects the percentage of Canadians living below the poverty line, which varies by region and demographic factors. Efforts to reduce poverty continue through various government programs and initiatives aimed at supporting low-income households. For the most current figures, it's advisable to consult recent reports from Statistics Canada or relevant government agencies.
Poverty is typically measured using several methods, including income-based measures, consumption-based measures, and multidimensional poverty indexes (MPI). Income-based measures assess whether individuals or households fall below a defined poverty line, often set as a percentage of the median income. Consumption-based measures evaluate the resources available to households for meeting basic needs. The MPI considers various factors such as education, health, and living standards to provide a more comprehensive understanding of poverty beyond just income levels.
There is no country in the world that does not have poverty. The percentage can be high or low. There is poverty in Croatia.
37%
25% by wikipedia source
The rise in households headed by single parents has increased the number of youth living in poverty
3
37% of Indian population lives below poverty line.
Nerina Vecchio has written: 'Poverty, female-headed households, and sustainable economic development' -- subject(s): Poor women, Women heads of households, Rural development
100%