THE MAIN FACTORS OF POVERTY
Keywords:
Poverty, inequality, income, low-income, needs, subsistence level, wages, consumption, standard of living.Abstract
This article provides a theoretical analysis of various concepts of poverty and inequality. Since concepts and measures of poverty and inequality may be related, an attempt has been made to show their main logical foundations. In this article, we have discussed the concepts of poverty and inequality in a broad sense. The main variables of poverty and inequality, from single-dimensional monetary indicators to broader multidimensional and subjective concepts; issues of conducting a comparative analysis of poverty and inequality by individuals, households, countries and subgroups over time; features of the proposed measures to generalize the level of poverty and inequality in relation to the population.
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