poverty Poverty is the state of one who lacks a certain amount of material possessions or money.[1] Absolute poverty or destitution refers to the deprivation of basic human needs‚ which commonly includes food‚ water‚ sanitation‚ clothing‚ shelter‚ health care and education. Relative poverty is defined contextually as economic inequality in the location or society in which people live.[2][3] For much of history‚ poverty was considered largely unavoidable as traditional modes of production were
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Unemployment: Introduction: Unemployment (or joblessness) occurs when people are without work and actively seeking work. The unemployment rate is a measure of the prevalence of unemployment and it is calculated as a percentage by dividing the number of unemployed individuals by all individuals currently in the labor force. During periods of recession‚ an economy usually experiences a relatively high unemployment rate. In a 2011 news story‚ Business Week reported‚ "More than 200 million people globally
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UNEMPLOYMENT PROBLEM Introduction Spain unemployment figure had hit up to 5 million people mark in the last quarter of 2011. The National Statistic Institute measure from 4.9 million in the third quarter to 5.3 million people is jobless at the end of December. This rate rose from 21.5% in the third quarter to 22.8%‚ one of the highest rates in nearly 17 years. Spain has already hit one of the highest rates in the 17-nation eurozone and is expected to step back to recession. This impact hit
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Number: CIIT/FA14-BSE-083/ATK “Causes of Unemployment” There are many quotes about unemployment according to Calvin Coolidge unemployment occurs ‘’When large numbers of men are unable to find work unemployment results’’. According to Frank P. Louchheim ‚ ’’An ‘acceptable’ level of unemployment means that the government economist to whom it is acceptable still has a job’’. While George Walker Bush said‚ ‘’In the long run‚ the right answer to unemployment is to create more jobs’’. Keeping the above
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with the rising problem of poverty. It is estimated that about 38% of the population live in severe poverty (Poverty Bulletin‚ 2005‚ p.9). According to the poverty reduction strategy for Namibia (1998‚ p.1) Namibia is among the most dualistic countries in the world both geographically and economically. Most of the population is situated in the northern regions of the country‚ where majority of the people depend on agriculture as a means to sustain their lives. Poverty in Namibia‚ is a very serious
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Poverty and inequality in the Philippines remains a challenge. In the past four decades‚ the proportion of households living below the official poverty line has declined slowly and unevenly and poverty reduction has been much slower than in neighboring countries such as the People’s Republic of China‚ Indonesia‚ Thailand‚ and Viet Nam. Economic growth has gone through boom and bust cycles‚ and recent episodes of moderate economic expansion have had limited impact on the poor. Great inequality across
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overty as a Social Problem: We have all felt a shortage of cash at times. That is an individual experience. It is not the same as the social problem of poverty. While money is a measure of wealth‚ lack of cash can be a measure of lack of wealth‚ but it is not the social problem of poverty. See "Principles." Poverty as a social problem is a deeply embedded wound that permeates every dimension of culture and society. It includes sustained low levels of income for members of a community. It includes
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Problem of Poverty Poverty is defines as inadequate supply of items that are essential to live a healthy and comfortable life. In the western developed countries some people are poor not because they lack food‚ clothing or shelter but because he may not have car‚ TV‚ computers‚ pressure cooker etc. But in India‚ poor people means those who do not get two square meals a day‚ they sleep on others pavements and live bare bodied and bare footed. Steps taken to Alleviate Poverty As the number
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report focussing on poverty with reference to current policy and educational debate 1.0 Abstract This report aims to explain the effects of poverty on attainment in schools and the wider society: taking into consideration a number of national and local strategies‚ the causes of poverty and the long term effects on children and young adults. This report will also make recommendations as to what can be done to further reduce poverty in childhood. 2.0 Introduction Poverty is continually discussed
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Towards solving youth unemployment in Nigeria The federal government recently inaugurated inter-ministerial committee on job fair to address all the identified barriers to job creation and sustainable livelihood in the country‚ OLUGBENGA SALAMI writes Tell those graduates to stop combing here and there for jobs. If there are no lucrative offers of employment‚ they should establish themselves by starting something. Unemployment is a pest that has and still eating deep into the fabric of Nigeria
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