Aspects of Poverty
Certain important aspects of poverty are as given below:
Global Poverty
Increased level of production has led to reduction in the cost of goods, making them more affordable, while certain advancements in agriculture has increase crop yield in case of developed countries, which has led to reduction in poverty in certain developed countries.
International poverty line refers to the monetary line under which each individual is considered to be living in poverty.
It is estimated that 40 percent of the population of the world lives in poverty, with United States being highest among developed nations.
Poverty and Children
Poverty affects children tremendously. Childrens who grow up in poverty suffers from health issues and increase chances of low birth weight, leading to physical as well mental disabilities. Children suffering from poverty tend to miss schools, lack healthcare facilities and nourishment.
Check-out: Population and Poverty
What is Poverty? Meaning, Causes, Measures and FAQs
Poverty definition: When a person is unable to get the minimum necessities of life this situation is known as poverty. Poverty means that the income level from employment is so low or no employment that basic human needs are not met. Poverty-stricken people can go without proper housing, clean water, healthy food, and medical attention.
Progress has been made in measuring and analyzing poverty, the World Bank Organisation is working to identify other indicators and dimensions of poverty. This includes identifying social indicators to track education, health, access to services, social exclusion, and vulnerability.
Table of Content
- What is Poverty?
- Understanding Poverty
- Aspects of Poverty
- Types of Poverty
- Causes of Poverty
- How to reduce Poverty?
- Which Countries have Highest Poverty Rates?
- Latest Statistics and Research Findings on Poverty
- Real-World Case Studies: Illustrating the Impact of Poverty