Explain the limitations of poverty line. – InterviewSolution

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1.	Explain the limitations of poverty line.
Answer» Historically, poverty and well-beingin the US have been assessed usingincome-based measures (i.e., byapplying the OFFICIAL poverty thresholdsto income data reported in SURVEYS).In theory, income-based measurescapture a household's ability topurchase the goods and services thatit needs. That is, income is a measureof a household's resources that canbe used to meet its needs, allowingfor DIFFERENCES in individual TASTES andpreferences (income does not prejudgewhat expenditures households shouldmake). Domestic income-based povertymeasures also benefit from the fact thatthey draw upon nationally-representativesurveys and administrative data systemsthat regularly collect income data. Thisallows for longitudinal comparisons ofincome trends over time.Explanation:pls mark me as brainliest

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