In Europe, there are two ways of measuring poverty; by determining absolute poverty or relative poverty. Absolute poverty means having a lack of basic necessities for living such as adequate food, water, and shelter. Relative poverty means that income and resources are so inadequate as to preclude them from having a standard of living considered acceptable for the society in which they live (The European Anti-Poverty Network). In America, the term poverty is simpler; it means to live in a state of being extremely poor, the state of being inferior in quality or insufficient in amount. A family or individual is counted as poor if their pretax money income is below the poverty threshold. Money income does not include noncash benefits such as public housing, employer-provided health insurance, and food stamps. The methodology for calculating the thresholds was established in the mid-1960s and has not changed in the intervening years. The thresholds are updated annually to account for inflation. The poverty line varies depending on the age and number of people living in each…