Concept information
Preferred term
relative-income-based measures of poverty
Definition
- RELATIVE INCOME MEASURES of poverty typically identify the poor as being below a specific income threshold, such as 50 or 60 percent of the median income, for the country in which they live. The median income is the income figure that divides a society's income distribution into equal parts such that half of the population have incomes above the median and the other half have incomes below. [Source: Encyclopedia of World Poverty; Relative-Income-Based Measures of Poverty]
Broader concept
Belongs to group
URI
https://concepts.sagepub.com/social-science/concept/relative-income-based_measures_of_poverty
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