Your blog traffic is not a requirement to get Google Adsense approval. At least from my experience and that of my Blogger friends around. When I got AdSense approval, my blog traffic was nothing to write home about.
What Google likes is high quality content and a well designed blog plus great user experience. Other important pages need to be in order as well. I have writtent a complete guide on how to get Google ADSENSE APPROVAL HERE.
Google AdSense is a program run by Google through which website publishers in the Google Network of content sites serve text, images, video, or interactive media advertisements that are targeted to the site content and audience.
Google AdSense provides a way for publishers to earn money from their online content. AdSense works by matching ads to your site based on your content and visitors. The ads are created and paid for by advertisers who want to promote their products.
Apart from CPC, you will also earn from your CPM ad impressions. Irrespective of any niche, the average CPM earning is $1 to $1.5 per 1,000 impressions. You can make $40 to $60 per day from 40,000 page views.
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