Consider the following Statements.
Assertion (A): Each Country uses a different Poverty line to determine the level of Poverty in their own country.
Reason (R): What is necessary to satisfy the basic needs is different at different times and in different countries.
Choose the correct answer using the options given below:
What is necessary to satisfy the basic needs is different at different times and in different countries. A person owning car may be considered poor in a developed nation whereas owning a car is considered luxury in Middle-income countries. Hence, R is Correct. On the basis of satisfying the needs of Individuals in different countries, the Poverty Line also changes.
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