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Due to inflation is not possible to live on 1 USD per day anymore as the cost of food alone is higher than this. Even in the poorest countries labour costs are
by danieltillett 8y ago
Due to inflation is not possible to live on 1 USD per day anymore as the cost of food alone is higher than this.
Even in the poorest countries labour costs are at a minimium of 1 USD an hour.
- bodas 8y agoIt is certainly possible to meet all of one's nutritional requirements on 1 USD per day of food, especially if you have a chicken to provide eggs. If working 48 hour weeks, 1 USD per hour is $208 per month, which is a modestly good wage in some places. Not really the minimum, although probably so for a very dirty and unpleasant job in a recycling factory.
- coldtea 8y agoYou'd be surprised: https://en.wikipedia.org/wiki/List_of_minimum_wages_by_country https://en.wikipedia.org/wiki/List_of_minimum_wages_by_count...
- danieltillett 8y agoWage rates are not the same as wage costs.
- DanBC 8y agoAbout 80% of the world lives on less that $10 per day, and about half live on less than $2.50 per day.
- danieltillett 8y agoYes, but how many live on $1 a day.