Question : Which of the following is not considered a multidimensional indicator of poverty?
Option 1: Income level
Option 2: Education
Option 3: Access to healthcare
Option 4: Unemployment rate
Correct Answer: Unemployment rate
Solution : The answer is (d) Unemployment rate.
Income level is a commonly used indicator of poverty as it reflects the economic resources available to individuals or households. Education is also considered a crucial dimension of poverty as lack of access to quality education can limit opportunities and perpetuate poverty. Similarly, access to healthcare is an important dimension as inadequate healthcare can lead to increased vulnerability and perpetuate poverty.
However, the unemployment rate specifically measures the proportion of the labor force that is unemployed, indicating the state of employment opportunities and labor market dynamics. While unemployment can contribute to poverty, it is not considered a direct multidimensional indicator of poverty like income level, education, and access to healthcare.