ABSTRACT
Empirical analyses in western industrialized societies apply a variety of indicators to define persons affected by poverty. It is possible to differentiate between poverty indicators that either record the economie resources individuate have available to them, or indicators that study the outeome of how such resources are used, i.e., in terms of satisfying certain requirements and achieving a certain standard of living. This is illustrated in Figure 7.1 below: Individuate utilize individuai, household, and external resources and with these create outputs generating well-being. The standard of living achieved is a result of their individuai behaviour; the way in which people use the economie resources available to them for these purposes partly depends on their preferences. This implies that the same provision of economie resources does not necessarily lead to the same standard of living.
