Poverty

Poverty means not having enough money for basic needs like food, housing, and healthcare. People in poverty may struggle to pay bills or afford education. Extreme poverty is the most severe form, where people earn so little that they can barely afford to eat or find shelter. The poverty line refers to a set income threshold below which people are considered poor, while structural poverty focuses on unmet basic needs like clean water, education, and safe housing, even if a person’s income might slightly exceed the poverty line. The World Bank defines extreme poverty as living on less than $2.15 per day, while moderate poverty is often considered living on less than $3.65 to $6.85 per day, depending on the country’s income level. However, since each country uses different methods to measure poverty, great care must be taken when comparing national poverty rates.