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"- in 1820 94% of the global population lived in extreme poverty - in 1960 64% lived in extreme poverty - in 2015 only 9.6% lived in extreme poverty" Surely th
by aphextron 10y ago
"- in 1820 94% of the global population lived in extreme poverty
- in 1960 64% lived in extreme poverty
- in 2015 only 9.6% lived in extreme poverty"
Surely the definition of "extreme poverty" has changed drastically in that time period. How can you even compare these numbers?
- snrplfth 10y agoExtreme poverty is defined as total consumption of goods and services of less than $1.90 per day per person, adjusted for inflation and local purchasing power. Not terribly difficult to compare.