Poverty

Poverty is a state or condition in which a person or community lacks the financial resources and essentials for a minimum standard of living. Poverty means that the income level from employment is so low that basic human needs can't be met. Poverty can be understood simply as a lack of money, or more broadly in terms of barriers to everyday life.

Causes of Poverty

The causes of poverty may vary with respect to nation, region, and in comparison with other countries at the global level. Yet, there is a commonality, and that is: issues of poverty are often overlaid with issues of unemployment and the societal issues they both cause.

Economic Causes

The economic causes of poverty include:

• Lack of income because of unemployment;
• Low level of national income;
• Inequitable distribution of wealth and income.

Social Causes

The social causes of poverty include:

• Lack of education;
• Situation of the family;
• Overpopulation;
• Epidemic diseases such as AIDS and malaria.

Effects of Poverty

The effects of poverty can be mainly categorized into:

• Illiteracy: Poverty makes people unable to get proper education because of the lack of money.
• Malnutrition and starvation: Poverty causes insufficient availability of diet and inadequate nutrition which brings lots of lethal diseases and deficiency diseases.
• Child labor: In poverty, children are forced to work at a young age.

Measures to Reduce Poverty

The broad measures that should be taken to reduce or eradicate poverty include:

• Provision of more employment;
• Reduction of population growth;
• Universal education;
• Women empowerment;
• Corruption free society.

See Also

• Income inequality
• Wealth inequality
• Social inequality
• Economic inequality

References

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  Homeless man in Toronto across from old City Hall

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  Luli looks after her severely malnourished child Aden

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  Lucknow Trash Pickers

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  The number of people below different poverty lines

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  Poverty headcount ratio at 1.90 a day

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  Children of migrant cotton field workers from Sweetwater, Oklahoma

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  Economics Gini coefficient

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  Global Wealth Distribution 2020 (Property)

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  GINI index World Bank up to 2018

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  Countries by Human Development Index (2020)

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