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In business, poverty is used in the determination of value of goods, and services and that is why most people will invest where poverty is low. People with high levels of poverty struggle a lot to earn their living, and most of them afford one meal a day or none. People do stupid stuffs to try and escape poverty and they end up being criminals.
Poverty in different regions began at different times depending in the social and economic factors developments, in the particular area. According to World Bank statistics, it is estimated that poverty started being felt in 1960s when there was an increase in population. In 1964, Mollie Orshansky of social security administration published the first article of the increase in lack of resources especially food. This was due to the inadequacy in income and increase in population. In Africa, there was a massive increase in population during 1970s and this led to depletion of resources. There was the completion of basic commodities, and this led to batter trade so that people may exchange resources they did not have.
The effects of poverty are extremely grave, and we need to act with speed to curb it. People who are impoverished have inadequate access to basic commodities such as food, clothing, and shelter. There are many people who die of diseases since they cannot afford medical care. In some areas, there are many innocent children who are not accessing education due to lack of fees. The governments and all people should devise means that will ensure all people afford basic commodities.
The levels of poverty in the globe are exceedingly enormous, and require immediate solutions and heavy funding. People should embrace technology so that there is a large-scale production. Agriculture is a key factor that can alleviate poverty, and, therefore, we should put all the viable lands into use. Employment equality should be enforced in
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It may also occur when people have less money or possessions than is considered acceptable socially. Poverty is an important issue in today’s society, and many people struggle to have enough money to live and to feed themselves and their family. People of many demographic backgrounds are affected by poverty, and there is a wide range of factors that lead people into this area.
Remaining non-sectarian and non-political, the organization operates in 72 countries and reaches to around 60 million poorest people. The organization aims at improving the lives of women by helping them gain basic education, providing sanitation and clean water and preventing spread of disease.
3. The United States has a great role to play in eradicating the issue of global poverty from the world. 4. Yes, the U.S should promote global growth by providing the poor nations with the necessary financial aid.
Relative poverty refers to a lack of the socially acceptable level of resources as compared to others in the same society (Encyclopedia Britannica, 2012). The percentage of poverty in the developing world dropped to 21% in 2001 with some improvements seen in East and South Asia.
First of all, it will be imperative to tackle the indirect assertion made by the writer, as he claims that to be a belief held by other people that the government should not invest in poverty alleviation programs. Perhaps the writer seems to be oblivious to the fact that besides performing varied other roles, the government is also supposed to be a great equalizer.
Despite the fact that developing countries suffer more from poverty, developed countries are not spared of the dearth of resources as well. In developed economies, poverty is manifested increasing cases homelessness and informal settlements. Poverty may be perceived as the situation in which people face lack of resources, and economic opportunities in a nation.
Through a larger perspective if one observes, poverty reduces the worth of human life, creates imbalance in society (through rich and poor criteria), motivates crime and unjust acts, arouses frustration among a group of people to fight for their right and above of all becomes a cause of death for many innocent lives.
Although, poverty is normally measured as to be unwanted due to the pain and misery it might cause. However, charitable poverty, involving the abandonment of material goods, is seen by some as worthy. It may have an effect on individuals or groups and is not restricted to the developing states.