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... > contexts > population characteristics > socioeconomic factors > poverty > measurements and definitions of poverty > standard food basket variant

Preferred term

standard food basket variant  

Definition

  • The Standard Food Basket (SFB) is an absolute poverty line (below which people are considered poor), based on the cost of a basket of goods that represents the minimum level of consumption to survive. There are different variants of the SFB in poverty literature. [Source: The SAGE Encyclopedia of World Poverty; Standard Food Basket Variant]

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https://concepts.sagepub.com/social-science/concept/standard_food_basket_variant

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