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Poverty and Discrimination - Research Paper Example

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They’re so critical in nature that if not taken care of or given proper attention, they are capable of damaging even strongest economies of the world. Some of these issues which…
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Poverty and Discrimination
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Download file to see previous pages Poverty is not a disease, rather a condition which can be overcome if proper steps are taken by the policy makers of a country. Furthermore, it’s not only even up to the policy makers alone to alienate poverty, it needs the contribution from people of all walks of society including technocrats, rich and the poor alike.
People often argue that poverty isn’t really a problem as such and that the poor are poor as they don’t do much effort to get out of the vicious chain of poverty. Just mentioning a few facts and figures at this stage would give an idea of how widespread this cancer actually is. According to a research carried out by an agency of the United Nations, about three million people (or almost half the population of the entire world) thrive on less than $2.50 a day. According to yet another research, if the wealth of seven of the world’s richest men is combined, it would be much greater than the overall gross domestic product or GDP or 41 of the world’s most indebted and poor countries. Just to give a rough estimate, the population of these 41 countries combined stands at around five hundred and sixty seven million people (National Bureau of Economic Research & National Bureau of Economic Research, 2000).
Yet another research goes on to say that there are almost a billion people in the current century who are so poor and illiterate, that they’re even unable to cast their signatures or read a book. Poverty is one of the most major economic issues of the current times since it involves so many people. A solution needs to be discovered not only to manage this problem in the short term, but to eventually alienate it in the longer term.
Addressing the issue of poverty would mean a lot more people would gain employment, they would be able to live a healthy life style, be able to finance their own day to day expenses, be able to achieve their basic necessities and finally be ...Download file to see next pagesRead More
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