More info on Wikipedia
Quick Facts
- It is estimated that nearly one half of the human population suffer poverty
- Minimum food requirement a day is 2000-2500 calories
- The World Bank defines extreme poverty as living on less than US$1 per day
- Most acute and widespread poverty is found in East and South Asia
- In 2001, about 1.1 billion had consumption levels below US$1 a day
Expert summary
Poverty is also called penury and it is the deprivation of common necessities that determine the quality of life, including food, clothing, shelter, and safe drinking water. The concept of poverty also includes the inability to avail of the opportunities to learn, to get better employment to escape from poverty, and to enjoy the respect of others. Though poverty is a debilitating circumstance, voluntary poverty, or the renunciation of material goods, is viewed as a virtuous activity. Poverty can be measured in terms of absolute or relative poverty. Absolute poverty means a set standard which is consistent over time and between countries. For instance, we calculate the number of people who do not get enough food to sustain the body.
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