Causes And Consequences Of Poverty

945 Words Jul 23rd, 2015 4 Pages
A) Diversity of the causes of poverty in three different countries.

“The causes of poverty include changing trends in a country 's economy, lack of education, high divorce rate which causes feminization of poverty, having a culture of poverty, overpopulation, epidemic diseases such as AIDS and malaria, and environmental problems such as lack of rainfall”. (White, Killick & Kayizzi, 2001) Almost half of the world over 3 billion people live on less than $2.50 a day. It is said that “a country is poor because it is poor.” Low level of sparing diminishes the degree for investment; low level of investment yields low salary and subsequently the circle of poverty goes on uncertainly. There are five main causes of poverty in the world.
• History: Many of the poorest nations in the world still suffering former colonies, slave-exporting areas and territories from using of resources.
• War and political stability: Under this causes war and political upheaval, it is clear that safety, stability and security are necessary for the life.
• National debt: Many poor countries carry significant debt loads due to loans from wealthier nations. Poorer nations pay an average of $2.30 in debt service for every $1 received in grant aid.
• Discrimination and social inequality: Poverty and inequality are two distinct things, however so does imbalance can fuel broad destitution, by disallowing the gatherings with lower economic wellbeing have admittance to…
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