Outside the US, the definition of poverty is income of $1.50 a day or less per individual. In the United States the definition of poverty is income less than $34 per day per individual or a family of four with income less than $69 per day. After much research, experts have agreed that low income is only one indicator of poverty and a more accurate indicator is the measurement of consumption. It is necessary to fully understand what factors affect well-being therefore measuring consumption was determined a more accurate indicator of poverty.To know how to find solutions to poverty, we must first define the parameters and scope of poverty. The causes of poverty, the location of poverty and measuring consumption are factors involved in determining well-being and by extension a few of the data points that govern well-being. Next through the process of measuring on a previously defined and acknowledged scale, a threshold determination is agreed upon.To read this article in full, please click here Read More @CIO