Thank you for visiting From the year 1990 to 2017 the extreme poverty rate for the world s population declined from 35 9 percent to 9 3 percent Is. This page is designed to guide you through key points and clear explanations related to the topic at hand. We aim to make your learning experience smooth, insightful, and informative. Dive in and discover the answers you're looking for!
Answer :
The statement regarding the decline in the world's extreme poverty rate from 35.9 percent to 9.3 percent between 1990 and 2017 is true. The reduction of individuals living beneath the extreme poverty line is a result of economic integration and other global improvements, despite fluctuations in the U.S. poverty rate, the given statement is true.
The statement that the world's extreme poverty rate declined from 35.9 percent to 9.3 percent from 1990 to 2017 is true. According to data from sources like the World Bank and Our World in Data, this trend represents a significant decrease in the number of individuals living on less than 1.90 international dollars per day, which is the threshold for extreme poverty. These international dollars are adjusted for price differences between countries and inflation over time.
In 1990, about 35 percent of the global population lived in extreme poverty, which corresponds to nearly 2 billion people. By 2017, this rate had dropped to about 10 percent, reducing the number of people living in extreme poverty to close to 689 million. This remarkable progress can be attributed to various factors, including economic integration, globalization, improved access to education, advancements in health, and global efforts to improve living standards in developing countries.
However, it's important to note that poverty and extreme poverty can be different in various contexts. For instance, while the global poverty rate saw a decline, the U.S. poverty rate fluctuated during the same period, never dropping below 10.5 percent. Despite the decline in global extreme poverty, efforts must continue to ensure that these trends are sustainable and inclusive, especially in the face of challenges such as the COVID-19 pandemic, which has impacted economies and may reverse some of these gains, the given statement is true.
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