Thursday, January 26, 2023

Poverty

What is poverty?What are the causes and effects of poverty

Poverty is the lack of a certain basic living standard, which varies between countries. It includes low income and lack of access to basic needs, like food, water and shelter.

Poverty can be caused by

Lack of education

Natural disasters

Environmental degradation

Intra-country conflict and war

 We will mainly focus on discussing causes and effects of poverty.

Poverty is a lack of resources and opportunity. It limits the opportunities available to people in society and often goes hand in hand with social exclusion. Poverty is a result of many different factors, including lack of food, poor living conditions, or not having access to education.

Poverty leads to a number of different outcomes. Poverty may lead to poor health outcomes, limited school attendance and educational achievements, vulnerability to violence and crime, increased risk of early marriage or pregnancy as well as mental health problems. As poverty limits the opportunities available to people in society it often goes hand in hand with social exclusion which means that those who are poor are more likely than those who are not poor, for example those who have higher incomes or wealth levels because they have more access to resources that provide necessities such as water, food and shelter.

Poverty is defined as the state of being extremely poor, or having a lack of material possessions or money. People living in poverty usually do not have many opportunities and they may be excluded from society.

One of the main causes for poverty is an inability to find a job that provides enough income to pay for basic needs, such as housing and food. If a person applies for several jobs, but does not receive any offers, then they are considered unemployed and therefore poor. Poverty also happens when people cannot afford basic goods like clothing and medication because they have no income from employment or from social assistance.

A person living in poverty can suffer many adverse effects. For instance, their health will deteriorate more rapidly than a person who does not live in poverty due to lack of access to health care services and nutritious food. Other negative effects include: unstable mental health; disruptions in education; abuse or neglect; social exclusion; restricted choices due to reduced access to information and services, which

Poverty is the physical or social lack of necessities, including clean drinking water, safe food and housing, healthcare, access to education and opportunity. There are many  types of poverty.

In today’s world there are about 1.3 billion people in extreme poverty (less than US$1.25 a day) of which 86% live in rural areas and 56% live in Africa.

The United Nations World Food Programme estimates that the number of hungry people in the world has increased to 800 million today from 795 million in 2015 – despite global population growth slowing during this period.

The effects of poverty can be observed at every level from an individual to a whole society or country: it impacts our mental health as well as our economic prosperity and ability to lead fulfilling lives. It can tear apart families and communities as well as slowing down economic development for countries at all levels on the Human Development Index (HDI).

Poverty has many different meanings and can be defined in different ways. There are many factors that can lead to poverty, and the effects of poverty vary.

There is no universally accepted definition of poverty, as it varies by country. In general, the income required to meet basic needs is considered an acceptable standard for an individual’s social status. One such method is through measuring individual’s income relative to the national median income per capita (an index of relative socioeconomic status). This measurement show where all people on average would be able to buy back those goods which all members of society consume daily from their own income.”

The World Bank defines sustainable poverty lines as “those with values lower than a specified threshold that is based on statistical estimates.” In 2015, this threshold was $1.90 PPP per day.

Poverty is a major issue world wide.

There are also many causes and effects that come with this problem.

Causes: Poverty is caused by a lack of resources, limited skills, inadequate education, and insufficient support from family members or social institutions. These causes can also be classified as “push” or “pull” factors. A push factor could be for example low wages or bad working conditions, whereas a pull factor could be the absence of any prospects for advancement in the current job market.

Effects: The impact of poverty on people and their families can vary dramatically depending on where they live and the extent to which they are able to adapt to their circumstances. The most serious impacts of poverty are malnutrition, poor health, lack of access to clean water, lack of education in developing countries (which affects lifetime earning potential), exclusion from jobs and business opportunities as well as reduced access to social security benefits such as pensions, unemployment insurance or disability benefits in OECD

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