Poverty

Compare and contrast at least two approaches to measuring poverty (e.g. below 60% median income, minimum income standard, material deprivation,
material deprivation & low income etc.). Produce descriiptive statistics to show how many and what kinds of people experience poverty using these
measures from the latest version (2019/20) of The Households Below Average Income dataset. This is the most recent version of the dataset. The dataset
can be found in the 'HBAI assessment data and info' folder below.
Write up your findings in a report that includes discussion of the following issues:
Background (500 words) [15 marks]
Short background literature review of concepts and measures of poverty. The bibliography is part of the marks for this section.

Sample Solution