POVERTY
>A STATE OR
CONDITION IN WHICH A
PERSON OR COMMUNITY
LACKS THE FINANCIAL
RESOURCES AND
ESSENTIALS FOR A
MINIMUM STANDARD OF
LIVING.
INTRODUCTION
Poverty, a persistent and pervasive
global challenge, affect billions
worldwide. Its not merely a lack of
income. It’s a multifaceted issue
encompassing limited access to
essential resources like food, clean
water, healthcare, education, and
decent housing. This complex web of
interconnected factors creates a
cycle of disadvantage, hindering
individual potential and impending
BODY
Poverty manifests in diverse forms across the globe. Extreme
poverty, characterized by an income below the international poverty
line (currently $1.90 per day), forces individuals into a daily struggle
for survival. For example, families in rural areas of sub-Saharan Africa
may lack access to clean water resources, forcing them to walk miles
daily to collect contaminated water, increasing their risk of
waterborne diseases. This impacts their health, productivity, and
ability to earn a living. relative poverty, while above the extreme
poverty line, still denotes a significantly lower standard of living
compared to the average in a particular region or country. In many
developed nations, families may struggle to afford adequate housing,
healthcare, or childcare, leading to stress limited opportunities for
children and social isolation.
The causes of poverty are complex and intertwined. Economic
factors play a significant role, including unequal distribution of
wealth, as see in the vast income disparity between the
richest 1% and the poorest in many countries. Lack of
economic opportunities, such as limited access to jobs,
particularly in developing countries with high unemployment
rates, further exacerbates the problem. Insufficient access to
credit and financial services prevents individuals from starting
businesses or investing in their education. For instance, small
farmers in developing nations often lack access to loans to
purchase seeds, fertilizer, or equipment, hindering their
productivity and trapping them in a cycle or debt.
Political instability, conflict, and corruption further
exacerbate the problem, disrupting economic activity
and undermining social safety nets. The ongoing
conflicts in Syria and Yemen, for example, have
displaced millions, destroying infrastructure and leaving
many without access to basic necessities. Corruption
diverts resources away from essential services and
undermines public trust, hindering development efforts.
Environmental factors, such as climate change and
natural disasters, disproportionately impact the poor,
destroying livelihoods and exacerbating existing
inequalities. Farmers in Bangladesh, for example, are
highly vulnerable to the effects or rising sea levels and
increased flooding, which can destroy their crops and
homes, leaving them destitute
Finally, social factors, including discrimination based on
gender, race, caste, or ethnicity, create barriers to
education, employment, and participation in society. In
many parts of the world, women face significant barriers
to education and employment, limiting their economic
opportunities and perpetuating a cycle of poverty.
Similarly, racial and caste-based to resources and
opportunities, hindering social mobility
Addressing poverty requires a multi-pronged approach.
Economic growth that is inclusive and equitable is
essential, creating jobs and opportunities for the poor.
Investing in education and healthcare improves human
capital and empowers individuals to escape the cycle of
poverty. Strengthening social safety nets, such as cash
transfer programs and food assistance, provides
immediate relief and protects vulnerable populations.
Good governance, transparency, and accountability are
crucial to ensuring resources are used effectively and
efficiently. Finally, addressing climate change and
promoting sustainable to protect the livelihoods of the
Conclusion
Poverty is a global crisis demanding urgent and
sustained action. While the challenges are significant,
the potential for progress is substantial. By adopting a
holistic approach that addresses the interconnected
economic, political, environmental, and social
dimensions of poverty, we can create a more just and
equitable world where everyone has the opportunity to
thrive, international cooperation, national policies, and
community level initiatives are all essential components
of this global effort. Only through collective action can
we hope to eradicate poverty and build a future where
all people have the opportunity to live with dignity and
Several types of poverty may be distinguished depending on such factors as
time or duration(long-or short-term or cyclical) and distribution (widespread,
concentrated, individual),
Cyclical poverty
Cyclical poverty refers to poverty that may be widespread throughout a
population, but the occurrence itself is of limited duration. In nonindustrial
societies(present and past), this sort of inability to provide for one’s basic
needs rests mainly upon temporary food shortages caused by natural
phenomena or poor agricultural planning.
Collective poverty
In contrast to cyclical poverty, which is temporary, widespread or “collective”
poverty involves a relatively permanent insufficiency of mans to secure basic
needs a condition that may be so general as to describe the average level of
life in a society or that may be concentrated in relatively large groups in an
Concentrated collective poverty
These people, like those afflicted with generalized
poverty, have higher mortality rates, poor health, low
education levels, and so forth when compared with the
more affluent segments of society,
Case poverty
Similar to collective poverty in relative permanence but
different from it in terms of distribution, case poverty
refers to the inability of an individual or family to secure
basic needs even in social surroundings of general
prosperity. This inability is generally related to the lack
of some basic attribute that would permit the individual
to maintain himself. Such persons may, for example, be
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EVERYONE, HAVE A GOOD
DAY.
PRESENTED BY;
DASIGAN, ANGELIKA
OBANDO, JOMARIE
DIMAS, APRIL JANE
ARIQUE, JANE
YUSON, MARIEY CLEOFE
LUCERNAS, RONELYN
