The economic term used to describe the state of those who fall below a specific threshold of income to cover basic standard of living is:

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asked May 21, 2024 68.2k views

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Gisella · Answer 1 · 2024-05-27T08:37:10+0000

Answer:

Poverty

Step-by-step explanation:

What Is Poverty? The term poverty refers to the state or condition in which people or communities lack the financial resources and essentials for a minimum standard of living.

The economic term used to describe the state of those who fall below a specific threshold of income to cover basic standard of living is:

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