Poverty: Difference between revisions

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=Statistics=
=Statistics=
*10% live in extreme poverty, and 2/3 of the world live at under $10 per day [https://ourworldindata.org/extreme-poverty]
*About 1/2 the world population lives on less than $5.50/day - defined as 'struggling to meet basic needs' - [https://www.worldbank.org/en/news/press-release/2018/10/17/nearly-half-the-world-lives-on-less-than-550-a-day]


=Metrics=
*Start with the founding metric by Mollie Orshansky [https://en.wikipedia.org/wiki/Mollie_Orshansky]


=Earnings=
=Earnings=
*Global poverty line is under $2/day. [https://www.worldvision.org/sponsorship-news-stories/global-poverty-facts#:~:text=The%20international%20poverty%20line%2C%20currently,compare%20poverty%20levels%20between%20countries.]
*Global poverty line is under $2/day. [https://www.worldvision.org/sponsorship-news-stories/global-poverty-facts#:~:text=The%20international%20poverty%20line%2C%20currently,compare%20poverty%20levels%20between%20countries.]
*US poverty line is about $1k/month. $500 in American Samoa. [https://en.m.wikipedia.org/wiki/Poverty_in_the_United_States#:~:text=According%20to%20a%202020%20assessment,smaller%20response%20during%20the%20pandemic).]
*US poverty line is about $1k/month. $500 in American Samoa. [https://en.m.wikipedia.org/wiki/Poverty_in_the_United_States#:~:text=According%20to%20a%202020%20assessment,smaller%20response%20during%20the%20pandemic).]
=Links=
*[[Cost of Living]]


[[Category: Calculators, Quick References, and Tables]]
[[Category: Calculators, Quick References, and Tables]]

Latest revision as of 19:36, 16 April 2023

Statistics

  • 10% live in extreme poverty, and 2/3 of the world live at under $10 per day [1]
  • About 1/2 the world population lives on less than $5.50/day - defined as 'struggling to meet basic needs' - [2]

Metrics

  • Start with the founding metric by Mollie Orshansky [3]

Earnings

  • Global poverty line is under $2/day. [4]
  • US poverty line is about $1k/month. $500 in American Samoa. [5]

Links