asked 77.3k views
3 votes
1. What is poverty line? How is it
determined?
(5 Points)
Enter your answer


1 Answer

2 votes

Step-by-step explanation:

The poverty line is the smallest amount of money, a person or a family needs to live on; to buy what is needed and is a line which is a gulf between the rich and the poor.

The Census Bureau determines poverty status by using an official poverty measure (OPM) that compares pre - tax cash income against a threshold that is set at three times the cost of a minimum food diet in 1963 and adjusted for family size.

answered
User Mingebag
by
8.8k points

No related questions found

Welcome to Qamnty — a place to ask, share, and grow together. Join our community and get real answers from real people.