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The poverty threshold, or poverty line, is the minimum level of income deemed necessary to achieve an adequate standard of living in a given country. In practice, like the definition of poverty, the official or common understanding of the poverty line is significantly higher in developed countries than in developing countries. The common international poverty line has been roughly $1 a day, or more precisely $1.08 at 1993 purchasing-power parity (PPP). World Bank has done extensive work in this field. Determining the poverty line is usually done by finding the total cost of all the essential resources that an average human adult consumes in one year. This approach is needs-based in that an assessment is made of the minimum expenditure needed to maintain a tolerable life. This was the original basis of the poverty line in the United States, whose calculation was simplified to be based solely on the cost of food and is updated each year. In developing countries, the most expensive of these resources is typically the cost of housing. Economists thus pay particular attention to the real estate market and housing prices because of their strong influence on the poverty threshold. Individual factors are often used to account for various circumstances, such as whether one is a parent, elderly, a child, married, etc. The poverty threshold may be adjusted each year. The poverty threshold is useful as an economic tool with which to measure such people and consider socioeconomic reforms such as welfare and unemployment insurance to reduce poverty. From Wikipedia under the
GNU Free Documentation License Please help me! A Credit Card company is suing me and I am literally in poverty? Q. Hi everyone, I am begging for any and all help that you can give me. Six years ago I maxed out my Credit Card when I was going through my divorce. I didn't have a job at the time and wasn't getting Child Support. This Credit Card had very high interest and I could only pay the minimum payment on it every month, it ended up doing absolutely nothing to pay that, the balance just kept going up and up. So I gave up. My balance was 2,000 and somehow it shot up to over $5,000 with all of the penalties and interest they added on. Today someone came to my door with a summons saying that this Credit Card company (Aspire Visa) is suing me for $5,500. I am a single parent in absolute poverty and there is no way I can pay this. What am I supposed to… [cont.] Asked by Jennifer - Wed Nov 21 14:59:21 2007 - - 8 Answers - 0 Comments A. They can not take your stuff but you should have closed down the account instead of letting them close it down. Also as long as you look like you are making a payment ie- $50 a month they can not sue you thats all you can afford..Just for future references. Let them sue you get some legal counsil there is free legal advice for people who can't afford a lawyer contact your local Medicade office they can help you on that one. And if they get their money it will be in payments so you will only have to pay them a little bit at a time. If your car is not benificial to them they won't take it. Good luck and I hope everything works out good.. There also are some other jobs that you can have that make good money and NO ONE can garnish the wages of… [cont.] Answered by StinkyDinky 123 - Wed Nov 21 15:09:40 2007 Ever wonder why suffering causes genius in artists? Q. I recently found out why. Ever since I left the Army, I have been in a battle to prevent poverty from setting in and as of now, I am not winning by leaps in bounds. Maybe some day soon, for I will and do what I can to get out it. However, I am now in a situation I often wonder about how to pay the rent, afford groceries and afford my car payments so I can get to work on time so I can retain ajob to keep an income. It is not absolute hell, however it is not the best situation to be in. Due to the suffering, stress and frustration of dealing with my situation, I find my self writing more material (comedy routines and stories.) to express my frustration and problems and help clear my head and keep my cool. It is a way to let out negative… [cont.] Asked by PeguinBackPacker - Sat Sep 1 02:05:58 2007 - - 10 Answers - 0 Comments A. I don't have a 'real' answer for the question but I wanted to agree with it. I dance, I write peoms, I draw and I have a pure devotion to school/college/learning. My goal in life to have my own dance studio where I teach the art of expression through body movement. My mother is all I have, she is schizophrenic and I have been diagnosed as depressed and bi-polar. I'd rather not think that I am bi-polar. I also suffer from panic disorder. In my opinion my conditions are light (compared to sicknesses such as schizophrenia) and they can improve with a Quality of Life. Of course Quality of Life is only achieved through Quantity of Means. No one can tell me otherwise. I feel ya Peguin, I've been keeping an eye on you. We are in the same… [cont.] Answered by DanceCat Squiggy - Sat Sep 1 10:12:21 2007 Why do many romanticisize about Gypsies?
Q. Tall, slim, olive toned skin, green eyes, black long hair flowing to the waist, long dresses, beautiful coloured head dress, the men slim athletic, yes there are some that are beautiful, but this is NOT absolute reality, has anyone ever been to the ghettos of Europe where the Gypsies live? I have, to bring food and make friends, the reality is these people are living day by day, often by their wits, and many are living in abject poverty, there is a beauty among Gypsies, but why has it been fantasized and romanticized beyond truth? Asked by Lomaz - Sun May 3 05:35:58 2009 - - 7 Answers - 0 Comments From Yahoo Answer Search: "Absolute poverty"  news.google.com The Malaysian Insider The ADB estimates that the crisis will keep more than 60 million people in developing Asia trapped in absolute poverty in 2009 and 100 million in 2010, ... and more » news.google.com BBC News Hajia Amina Az-Zubair, the Nigerian president's senior adviser on poverty issues, told me that colonialism "was all about take, not build", and that this ... news.google.com The Market Oracle Since the early 1970s, capitalism went global at the expense of workers experiencing "a relative and absolute decline in (their) share of material income" ... and more » From Google News Search: "Absolute poverty"  macleans.files.wordpress.com 294px x 535px | 78.50kB [source page] in the mid 1990s shows that even when relative income poverty is rising most OECD countries achieved significant reductions in absolute poverty between the mid 1990s and mid 2000s In English when measured in some sort of absolute terms poverty has fallen in all 15 of the OECD countries on the chart above except Germany and it has plummeted in the nations to the left  filipspagnoli.files.wordpress.com 667px x 500px | 186.50kB [source page] The problem of poverty and related problems such as income inequality have received a lot of attention on this blog because I consider poverty to be one of the most urgent human rights  thesagefoundation.com 389px x 519px | 44.20kB [source page] Our first halt will be Geeta Nagar slums where over 40 000 people survive in absolute poverty From Yahoo Image Search: "Absolute poverty"  stanthonysf.org Laurel Bentley Wed, 21 Oct 2009 20:19:01 GM Absolute poverty. line thresholds vary depending on collective income and number of family members, but generally if a family's total income is less than its calculated threshold then they are considered poor. ...  spectator.co.uk Lloyd Evans Wed, 18 Nov 2009 17:12:37 GM 2trueblue - with regard to child . poverty. - the left enact socialism behind a seemingly unarguable screen. There is no . absolute. level for . poverty. , but it is measured on a sliding scale as a percentage of average income and is more to do ...  bruneiclassified.com JASerian ue, 20 Oct 2009 09:32:11 GM Poverty. is the condition of lacking basic human needs such as nutrition, clean water, health care, clothing, and shelter because of the inability to afford them.[1] This is also referred to as . absolute poverty. or destitution. ... From Google Blog Search: "Absolute poverty" |
