Examlex
Which of the following statements is TRUE?
Poverty
A condition where individuals or communities lack the financial resources to meet basic living necessities such as food, shelter, and healthcare.
Median Household Income
The income of the household lying at the exact middle of the income distribution.
Poverty Level
An officially defined threshold of income that is considered insufficient to meet the basic needs of a household or individual, varying by country.
Income
Financial gains received regularly either from employment or investments.
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