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AssignmentMultiple Choice

Economic Inequality

Question 1 • CA-Ethnic Studies

How is poverty measured?

Answer
A
by evaluating the educational level of the family members
B
by calculating the number of luxury goods a family can afford
C
by determining the total wealth accumulated by a family, including property and savings
D
by comparing a family's income to the set minimum for covering living expenses

Explanation

Poverty is commonly measured by comparing a family’s income with a poverty threshold, which represents the minimum income needed to cover basic living expenses. If the family’s income is below that threshold, it is considered to be living in poverty. Therefore, the correct choice is comparing a family’s income to the set minimum for covering living expenses.

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