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Which of the following is the poverty determination measure?
Head Count Ratio
Sen Index
Poverty Gap Index
All of these
- Head Count Ratio (HCR):
- Measures the proportion of people whose income is below the poverty line.
- It's a simple measure, often criticized for not considering the depth of poverty.
- Sen Index:
- Combines the Head Count Ratio with the Poverty Gap and Distribution of Income.
- Named after economist Amartya Sen, it's more comprehensive.
- Poverty Gap Index:
- Reflects the intensity of poverty by showing the average shortfall of income from the poverty line.
- This index tells us how far, on average, the poor are from escaping poverty.
- All of These:
- ??Encompasses the use of HCR, Sen Index, and Poverty Gap Index.
- Together, they provide a fuller picture of poverty levels and intensity.
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