Poverty And Poverty Essay

2441 Words10 Pages
In general all the people who is unable to meet their basic needs are called poor. The term basic needs is defined as all the minimal necessities which are required to survive. Generally food, shelter and clothing’s are counted as basic needs that if a person is able to get is not a poor. To be specific definitions of poverty there are a lot of suggestions. One scientific way to defined poverty is that first identify the ideal calorie consumption per day per person (i.e. standard cut-off is 2300 calorie per person per day) and then price it. So according to this method a person is said to be poor if he/she is unable to meet this minimal calorie cut-off criteria. However the poverty cannot be explained fully by this definition since it is a multifaceted concept, which includes social, economic, and political elements. We may defined Poverty as either absolute or relative. Where absolute poverty refers to the lack of means necessary to meet basic needs such as food, clothing and shelter or more we can defined absolute poverty as a set standard which is consistent over time and between countries. As it was first introduced in 1990, the dollar a day poverty…show more content…
That is what type of growth we are looking for higher rapid growth with higher inequality or growth with equality. The choice among these two depends upon our perception or to what extent we are able to incorporate the opportunity cost of rapid higher growth in exchange with a sustainable and more equal growth in long run. The debate on measurement of poverty in India too has been subject to objectionable by various scholars as the poverty measurement methodology in India centred on estimation of a fix minimum cut off value known as poverty line. The poverty line approach, which reduces the incidence of poverty and the numbers of the poor to money-metric estimates, has been seen to have serious

More about Poverty And Poverty Essay

Open Document