Do you need 1000 subscribers on YouTube to get paid?

I've been wondering, is it necessary to have 1000 subscribers on YouTube before you can start earning money from your content? I've heard differing opinions on this topic and I'm curious to know if there's a definite answer. Some say that you need to reach that threshold to be eligible for monetization, while others claim that it's not a strict requirement. Can you shed some light on this and explain how YouTube's monetization policies work? Are there any other factors that come into play when it comes to earning money on the platform?