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One reasonably objective measure of intangible infrastructure components is the
Standard of Living
Refers to the level of wealth, comfort, material goods, and necessities available to a certain socioeconomic class or a geographical area.
Absolute Poverty
Not having enough money to afford the basic necessities of life.
Extreme Poverty
A condition characterized by the severe lack of access to basic human needs, such as food, safe drinking water, and shelter, often defined as living on less than $1.90 a day.
Basic Poverty
A condition where individuals or families lack the financial resources to meet the minimum standards of living, often defined by basic necessities such as food, clothing, and shelter.
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