Explain How the Official Definition of Poverty Is Calculated

question 52

Essay

Explain how the official definition of poverty is calculated.According to critics,what are some of the problems with this way of calculating poverty today? What factors do you believe should be considered in the calculation of poverty and why?

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Definitions:

Career Stability

The extent to which an individual's career possesses continuity and security over time, often associated with long-term employment in a single organization or industry.

Inhumane

Lacking in compassion or empathy; cruel or barbaric acts that disregard the suffering of others.

Environment

The surrounding conditions in which an organism, organization, or system operates, including natural, social, and built contexts.

Neoliberalism

An economic and political ideology that emphasizes free-market capitalism, deregulation, and a reduction in government spending.