Give a thorough definition of poverty as suggested by experts.

Poverty is when the standard of the living of the household is below certain percentages of the equivalised household income.

According to the World Bank in 1990, a poverty line of $1 or $216 was used to measure the poverty line in many developing countries. Townsend argues that the notion of $1 per day per person is not acceptable as it suggests that the needs of the poor countries are less than those of the rich countries.

According to the Bureau of Market research at the University of Pretoria, the Minimum Living Level (MLL) is the lowest amount of money possible which a specific size of a household can live.

The approach used to set the poverty line is calorific approach. The food poverty line is developed based on the nutritionally balanced minimalist diet of a household.  This approach is based on the amount of food consumption but not only that, the non-food items are also included.