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| 1. |
What are the various methods of calculating the basic needs of the people? |
| Answer» The basic needs approach is one of the major approaches to the measurement of absolute poverty in developing countries. It attempts to define the absolute minimum resources necessary for long-term physical well-being, usually in terms of consumption goods. The poverty line is then defined as the amount of income required to satisfy those needs. Maslow\'s hierarchy of\xa0needs\xa0is a theory of motivation which states that\xa0five\xa0categories of\xa0human needs\xa0dictate an individual\'s behavior. Those\xa0needs\xa0are physiological\xa0needs, safety\xa0needs, love and belonging\xa0needs, esteem\xa0needs, and self-actualization\xa0needs.\xa0 | |