Poverty

This measurement of poverty is based solely on monetary indicators

The aim of this method is to incorporate the subjective view of people affected by poverty

In this method, various aspects of poverty are compiled into one index

Poverty is expressed not only by a lack of income or consumption, but is also associated with a lack of health care, nutrition and education, as well as inadequate social relationships, insecurity and low self-esteem. All these dimensions of poverty are ignored entirely by this approach

This technique highlights the equal or unequal distribution of resources

These approaches measure poverty quantitatively (using statistics)

Direct levels of income are not involved in the calculation of this index

This method takes account of psychological wellbeing too

In these methods, subsistence (self-sufficiency through self-cultivation) is not considered