Poverty Notes
Poverty:
Poverty is the lack of basic human needs, such as clean water, nutrition, health care, education, clothing and shelter, because of the inability to afford them.
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Relative poverty is the condition of having fewer resources or less income than others within a society ,or compared to worldwide averages. About 1.7 billion people live in absolute poverty; before the industrial revolution, poverty had mostly been the norm
CAUSES OF POVERTY:
Education:
Lack of education keeps children from obtaining jobs that would lift them and their families out of poverty. Often, children are kept from school because they are needed at home to support their family with additional income.
Health:
Poor health decreases the amount of work impoverished individuals can do, lowering their income and driving them deeper into poverty. The onset of disease, such as HIV/AIDS or malaria, can result in death (which can cut off a major source of income for a family), or high medical costs that many impoverished families cannot afford. Economics: The poor often have very limited economic choices – they are often prevented from receiving loans and other financial benefits. This makes it hard for them to establish businesses, increase their income, and break out of poverty. Government: The governments of many developing countries are often dysfunctional, unstable, and corrupt. Lack of government infrastructure (public sanitation, schools, social welfare, etc.) can be crippling for the poor.
I. Types of causes of poverty
A. Individual
Poverty is explained by individual circumstances and/or characterstics of poor people.
Some examples: amount of education, skill experience intelligence health handicaps age work orientation time horizon culture of poverty
Discrimination, together with race, sex, etc.
B. Aggregate
There are two types of aggregate poverty theory: case generic.
There is no agreement on which is the correct explanation
Poverty is the lack of basic human needs, such as clean water, nutrition, health care, education, clothing and shelter, because of the inability to afford them.
.
Relative poverty is the condition of having fewer resources or less income than others within a society ,or compared to worldwide averages. About 1.7 billion people live in absolute poverty; before the industrial revolution, poverty had mostly been the norm
CAUSES OF POVERTY:
Education:
Lack of education keeps children from obtaining jobs that would lift them and their families out of poverty. Often, children are kept from school because they are needed at home to support their family with additional income.
Health:
Poor health decreases the amount of work impoverished individuals can do, lowering their income and driving them deeper into poverty. The onset of disease, such as HIV/AIDS or malaria, can result in death (which can cut off a major source of income for a family), or high medical costs that many impoverished families cannot afford. Economics: The poor often have very limited economic choices – they are often prevented from receiving loans and other financial benefits. This makes it hard for them to establish businesses, increase their income, and break out of poverty. Government: The governments of many developing countries are often dysfunctional, unstable, and corrupt. Lack of government infrastructure (public sanitation, schools, social welfare, etc.) can be crippling for the poor.
I. Types of causes of poverty
A. Individual
Poverty is explained by individual circumstances and/or characterstics of poor people.
Some examples: amount of education, skill experience intelligence health handicaps age work orientation time horizon culture of poverty
Discrimination, together with race, sex, etc.
B. Aggregate
There are two types of aggregate poverty theory: case generic.
There is no agreement on which is the correct explanation