Home > Terms > Filipino (TL) > kahirapan

kahirapan

The state of being poor, which depends on how you define it. One approach is to use some absolute measure. For instance, the poverty rate refers to the number of households whose income is less than three times what is needed to provide an adequate diet. (Though what constitutes adequate may change over time. ) Another is to measure relative poverty. For instance, the number of people in poverty can be defined as all households with an income of less than, say, half the average household income. Or the (relative) poverty line may be defined as the level of income below which are, say, the poorest 10% of households. In each case, the dividing line between poverty and not-quite poverty is somewhat arbitrary. As countries get richer, the number of people in absolute poverty usually gets smaller. This is not necessarily true of the numbers in relative poverty. The way that relative poverty is defined means that it is always likely to identify a large number of impoverished households. However rich a country becomes, there will always be 10% of households poorer than the rest, even though they may live in mansions and eat caviar (albeit smaller mansions and less caviar than the other 90% of households).

0
Adicionar ao meu Glossário

O que quer dizer?

Precisa de iniciar sessão para iniciar uma discussão.

Terms in the News

Featured Terms

Mavel Morilla
  • 0

    Terms

  • 2

    Glossários

  • 2

    Followers

Actividade/ Sector: Arts & crafts Category: Oil painting

Ang Hardin ng mga makamundo katuwaan

Ang pinaka-tanyag at hindi kinaugalian Bosch larawan, Ang Hardin ng mga makamundo Delights ay ipininta sa pagitan ng 1490 at 1510. Ang pagpipinta ng ...

Contribuidor

Featured blossaries

Lisbon, Portugal

Categoria: Viagem   2 2 Terms

The World's Most Valuable Soccer Teams 2014

Categoria: Desportos   1 10 Terms