Poverty Is The Outcome Of Economic Inequalities

Poverty, people are born into it. People can sink into its grasp, or people can escape. But it’s a hard journey. As for Kevin Powells mother growing up in the south she never saw money, for “at the age of eight in a field picking someone else’s cotton”. (p. 86) Being in poverty is based out financial needs, being poor is one thing. Poverty is just below that, for you barley have enough to get by and sometimes you are places in a setting that could risk health or safety.

Some people believe that Detroit is comparable to a blank canvas. A place where an opportunity is lurking right around the corner. They imagine it as a deserted place, in which a businessman can create anything they dream of. However, the harsh reality is, Detroit is not a blank canvas. It has been splattered with an era of prominence, scribbled on with the invention of the automobile, and engraved with a history of racism and corruption. Although much of Detroit’s glory has been stripped away, there are still people who exist in the city’s remnants. Actual people, with actual families, actual homes, and actual lives. When outsiders talk about the city’s revival, they are often forgetting about these people, or the actual citizens of

Poverty concentrates attention on one segment of society: those living below a certain level of income, or below a certain level of resources.

Those who are unfortunately stuck in a cycle of poverty find themselves cemented as they have less ease of access to social services. for example, the poorest people will have less access to health, education and other services. Problems of hunger, malnutrition and disease trouble the poorest in society. They are also typically marginalized from society and have little representation or voice in public and political debates, making it even harder to remove themselves from poverty. In comparison to that, the wealthier you are, the more likely you are to benefit from economic or political policies.

But, what is poverty and what does it have to do with a low socioeconomic status (SES)?

Poverty can affect whose who live beyond their means, and lose a job, whose who don’t want to work, or whose who do not speak the language. Poverty knows no color, age, nationality, or cares about an education.

Imagine having to work seven days a week, putting in more than forty hours, only to come back to an unstable living situation and still have barely enough to get by. For many people, they remain in this cycle of poverty for the rest of their lives. There is no light at the end of their tunnel, but instead more obstacles that they must overcome. Poverty, like other social divisions, is something that continues to plague society, and while it is most likely impossible to completely eradicate it, certain actions on the part of people who are not in poverty can be done in order to elevate those who within that state of poverty, and therefore improve the overall happiness. Poverty, as a social issue, needs to be embraced and accepted in order for its debilitating effects to be minimized, therefore improving the quality of life for all people.

Poverty or destitution is defined as “being in a poor economic state.” A simple definition to a reader but a sad reality to those who live it. Destitution is often discussed by authors and each one has their own way of portraying it to their audience. The way one perceives poverty depends on personal experience. Although the authors from “The Poverty of Equality” and “What is Poverty” discuss similar issues, they have very different perspectives, experiences, and solutions.

Poverty is currently not a hot topic in the current world of politics. Every candidate wants to tackle the upper or the middle class and often forget about those living in poverty. Poverty can affect anyone and effect everyone in our society. One may wonder what poverty is and why poverty is a big issue or does it have a large impact on our societies. Webster’s dictionary defines poverty as the state of one who lacks a usual or socially acceptable amount of money or material possessions. In a world that is full of the latest and the most advanced possessions and technologies to enhanced our way of life, it seems that there is a remedy for almost anything that you can imagine. However, when it comes to someone living in poverty, the access to these things and the necessities of life are not readily available. When one does not have the necessities to live in a socially acceptable environment it causes lack in the areas of childhood development and education, nutrition and health, and economic development.

An impoverished nation forms when there is great economic disparity between the rich and the poor. Adam Smith reflects on the income gap in his quote: “No society can surely be flourishing and happy, of which the far greater part of the members are poor and miserable.” Due to Saudi Arabia’s vast oil wealth, there is a large amount of the population who live well and fruitful, but more than 20 percent of the population lives in crippling poverty (Baker, 2013). Poverty is usually defined in either absolute or relative terms. Absolute poverty refers to the standard of living, which is reflected in satisfying the needs for basic survival (Rahim, Abidin, Ping, Alias, and, Muhammad, 2014). Relative poverty is reflected in the income gap between the rich and the poor (Rahim, et al., 2014). The study of poverty is often linked to globalization, and the effect of globalization on the world’s poor is highly debated (Rahim, et al., 2014). This paper will discuss the overall effects of the income gap, both positive and negative views of globalization on poverty, and an analysis of Adam’s Smith quote in relation to the income differences between the rich and the poor. The gap between the wealthy and the poor citizens of a country has an influence on the health, wellness, and overall economic growth of a nation.

To conclude, the talk of poverty is a heavy debate and is usually weighed on who is at fault. Is it the individual, who had made some poor life choices that, resulted in their poverty or is it unfairness in society? But why can’t it be both? Imagine poverty as a tsunami in which not everyone can out run. Several will out run this wave, even prosper, whereas others are too leisurely and are pulled away by the wave. Every person has their own accountability for their economic standing, but communally as a species we are all accountable for the riddance or growth of poverty, which goes outside government obligation. It is the job of the society collectively to bring awareness; before you think is it or this or that, think maybe it’s the combination

Poverty for centuries has been a very severe issue that has troubled many nations while impeding economic developments and progress. Poverty stricken countries are majorly concentrated in the continents of Africa and Asia. Continents like the Americas and Europe have globally been recognized as been wealthier yet still many parts of these ostensible countries face massive cases of poverty. Most at times, countries with high populations owing to high birth rates face the most cases of poverty. The definition of poverty can be boundless in the sense that poverty entails so many subsections as it sometimes gets complicated to group everything under one umbrella. Society tends to focus more on the tangible aspects of poverty because many people associate poverty with lacking money and it makes sense because poverty in terms of lacking money is a major problem affecting almost every country in the world. Even though it is debatable that poverty can be physical, intellectual, spiritual and even emotional, it is best to talk about the lack of money and economic developments in this essay. With reference to the oxford English Dictionary, poverty is state of being extremely poor and the state of being inferior in quality or insufficient in amount. Reflecting on this definition given, I deduced that malnutrition and hunger can define poverty. In the light of this, I think poverty is lacking a comfortable place of shelter, being ill and not having access to a better

Poverty is an inarguable inevitability that varies in definition and severity from country to country. Poverty can be caused by many factors- economic instability, lack of education, a natural disaster, or overpopulation. These factors become a normal situation and then a culture of poverty forms and is passed down from generation to generation making it nearly impossible for the cycle to end. A culture of poverty is especially evident in India. It is estimated that twenty one percent of the Indian population survives on one dollar and ninety cents a day. When assigning a statistic to the poverty in India, the percentage of people living in poverty is different with each source, varying from twenty all the way to fifty six percent of the 1.25 billion people living in India. Women, children and members of the lowest class (Dalits) may or may not be counted in India’s poverty statistic so to assign an accurate value to the percentage of the poor in India is almost impossible. India is considered to have the economic potential to be a leading power but this strength cannot make up for the economic disparities and a huge gap between the rich and poor. Overpopulation and the government’s inability to utilize programs to enable impoverished individuals to begin to provide for themselves and contribute to the nation’s economy prevents India from fully developing as a country.

Income inequality and poverty and are issues affecting a majority of people around the different parts of the globe. These issues exist and are increasingly becoming a major concern in both developing and developed countries. The purpose of this paper is to show some of the causes and effects of income inequality and poverty in developing and developed countries. Income inequality varies especially by region, education and social standing and hence increasingly widening for so many years. In addition, a large group of people in the world have the inability to access high-quality education, shelter, food, clothing, and basic medicine. Business activities are an important factor in the economy and have the ability to aid in eradicating poverty through providing fair wages reducing the uneven distribution of income.

One day, my family and I were travelling in our expensive car, fully covered from head to toe in woolens as it was the winter season. The heater in the car was on and I was nicely sipping my warm coffee, headphones in my ears and a book in my hand. As we passed by a village, I saw a slum area. The people were barely clothed and small children were running around naked. They had no proper shelter-only thatched roofs and plastic put together made a 10x10 feet house approximately, if you would call it a house, in which a total of around 12 people lived. I felt very sad looking at their situation. They were so poor, so helpless. Then, questions arose in my mind- why they are so poor. How far is it appropriate to blame these poor people for their own predicament? Have they been lazy, made poor decisions, and been solely responsible for their plight? What about their governments? Why do I have so much and they don’t even have money to clothe themselves? To find the answer to my questions, I decided to investigate ‘Poverty’ and things related to it.