Poverty Simulation Analysis

The poverty simulation demonstrated how to make decisions when having limited resources like time and money. In a daily activity, there is always a tradeoff between making money, doing chores, looking after the family and socializing. With limited time and meagre wages, it is difficult to ensure that one day will encompass of all the activities that wants to or needs to be done. For instance, working requires a minimum of 2 hours but with such little pay, it is only natural to do around 6 hours. Chores take up time and must be done and that does not include the task of fetching water from the well. The hectic schedule may also lead to limited social interaction. A major decision that had to be done during the simulation was ensuring cash flow
The definition of privilege varies, so what I mean here is that a family that does not have to think whether they would have enough money to pay the months’ rent or ration what kind of food they have on a daily basis. However, one thing in common that they all had was that they were all hardworking people, trying their hardest to earn an earnest living. Rather than the simulation changing my perspective, it confirms more about poverty than I could understand. For many, it is hard to escape from the poverty trap mostly because they do not have the resources to invest on their future. Investment itself is a privilege they cannot afford.

Companies operating in subsistence communities should ensure that they are operating fairly. In this sense, there should be fair wages, fair hours and no such elements of exploitation. With good working culture and benefits such as health insurance and paid leaves, just to name a few, these communities would be better off in many aspects of their life. In the long run, the company should aspire to contribute to the growth of the community not just for the sake of the people, but also for the company as a work force that is tended too is shown to be more productive than those which are