Absolute poverty measures vary from country to country.For example, in 2017, the poverty line in the United States for a family of four was an annual income of $24,600, but economists often use a much lower threshold income of $1.25 per day when calculating the rate of poverty in poor countries.Using this $1.25-per-day measure of the poverty line, which of the following regions had the largest percentage decrease in the percentage of the population in poverty from 1970 to 2010?

Question

Quizplus · Accepted Answer

According to World Bank data, East Asia had the largest percentage decrease in the percentage of the population in poverty using the $1.25-per-day measure from 1970 to 2010, with a decrease of 73.3%. Sub-Saharan Africa also saw a decrease in poverty during this time, but it was only 14.5%. Latin America had a decrease of 58.9%, while the Middle East and North Africa had a decrease of 41.1%. Therefore, East Asia had the largest percentage decrease in poverty.

Absolute Poverty Measures Vary from Country to Country