Extreme poverty is the severe lack of material possessions or money. In 2005 the World Bank defined extreme poverty as living on less than US$1.25 a day. This meant living on the equivalent of US$1.25 a day, in the US, buying US goods. In 2011, this means surviving on the equivalent to US$1.50, A$2 or £1 per day.
You may also like
About the author
Information to enrich your life.
WELCOME TO RICHTOPIA
- 1,934,525 all-time users
WHAT IS RICHTOPIA?
WOMEN IN LEADERSHIP
- Geopolitics Top 100: From George Freidman to Condoleezza Rice, These Are the Most Influential Geopolitics Experts in the World
- Top 100 Blockchain Organisations: From CoinDesk to BitPay, These Are the Most Influential Organisations in the Distributed Ledger Space
- Women Leaders Top 250: From Melinda Gates to Michelle Obama, These Are the Most Influential Women in the World
- Alibaba vs. Tencent: Lessons From Two Prolific Chinese Companies
- Top 100 Blockchain Insiders: From Marc Andreessen to Vitalik Buterin, These Are the Most Influential People in the Crypto Sphere
- Economists Top 100: From Paul Krugman to Michael Porter, These Are the Most Influential Economists in the World
- Top 20 Blockchain Books & Whitepapers
- 11 Amazing Examples of Disruptive Technology
- Review of the 6 Major Blockchain Protocols