What is Poverty in Urdu / Hindi
September 12, 2020
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as posted by the channel“Lack of sufficient resources to meet the basic necessities of life” is called poverty. This is also called “Absolute Poverty” or “Extreme Poverty”. One of the basic sufficient resources includes enough food to survive, clean water, and shelter. This we can say is a qualitative definition of poverty.
The World Bank gives us a statistical definition of poverty. According to the World Bank, the person who earns less the $1.90 per day is a poor man. According to this definition, we can say that there are no poor people in the United States. To cope with this problem, we have a concept of Relative Poverty. Through Relative Poverty, we measure the rate of poverty according to the perspective of one country under discussion.
We can also measure poverty in terms of health, education, employment opportunities, sanitation, political empowerment, and the Human Development Index (HDI).
There are some problems with this definition which are mentioned in the video.
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The era of Ayub Khan
Treaty of Westphalia
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