Strictly speaking the statistics quoted here don't refer to US$ but $ adjusted for 'Purchasing Power Parity': which is a way of accounting for the different price of goods in different markets. It's not perfect, but the idea is an engaging way that people can engage and associate with the idea of living in poverty
There is so many wrong things about this video. Speaking about poverty by using a common currency like the dollar is stupid, as two dollars a day can purchase a lot in some parts of the world. This presenter seems to think a bus ride costs over a dollar in very part of the world!
You're right, in some parts of world you can buy more stuff WITH 2$ than in UK or U.S.A. But the difference is still not big enough to say that you can live good with 2$ a day in that country. It is possible, but this is the minimum!
I'm going to try and spend just $2 a day on food for the next week.
Keep up to date on my channel. Starts on Sunday
TheManDownTheRoad 8 months ago
Strictly speaking the statistics quoted here don't refer to US$ but $ adjusted for 'Purchasing Power Parity': which is a way of accounting for the different price of goods in different markets. It's not perfect, but the idea is an engaging way that people can engage and associate with the idea of living in poverty
danfreakuk 2 years ago
There is so many wrong things about this video. Speaking about poverty by using a common currency like the dollar is stupid, as two dollars a day can purchase a lot in some parts of the world. This presenter seems to think a bus ride costs over a dollar in very part of the world!
thefayed 2 years ago
You're right, in some parts of world you can buy more stuff WITH 2$ than in UK or U.S.A. But the difference is still not big enough to say that you can live good with 2$ a day in that country. It is possible, but this is the minimum!
onupirat 2 years ago