Answer:
Poverty rate is simply the number of people who have a low income, whereas poverty level or poverty threshold is the minimum level of income deemed necessary to achieve an adequate standard of living in a given country. Persay your country said the standard of living should only cost $100 a month, if you made $105 a month then you would be apart of the poverty rate, because you qualify within that adequate standard of living, whereas people who could only make $75 a month would be below the poverty level because they could not live within the means of the adequate standard of living.