Poverty Notes

3) Poverty is a condition in which people are unable to meet their basic needs for food, clothing, shelter, education, or health.

Poverty is “about not having enough money to meet basic needs including food, clothing and shelter”(what is poverty, 2009). Everybody might know this meaning and the problem.

Poverty is the condition of being unable to obtain socially money or possessions. Poverty has been established in multiple countries for years; in many divergent degrees. From the late

Poverty is a hard concept for people to put into words. Ruby Payne states a working definition of poverty in her book A Framework for Understanding Poverty in which she says, “The extent to which an individual does without resources” (7). For a better look, the dictionary defines poverty as “the state of one who lacks a usual or socially acceptable amount of money or material possessions”

Poverty is the state of lacking vital living essentials such as money, food, water, clothing, and shelter. The American economist defined poverty as being deprived of "those goods and services and pleasures which others around us take for granted" (Orshansky). Poverty is a global problem, but there is much debate regarding how to define poverty and how to remedy it in its various forms. Poverty affects both isolated individuals and larger groups of people. It is especially common in developing countries that have yet to establish governmental social programs, civil services, and human rights standards.

Poverty is the condition of being without adequate food or money. American Psychological Association (MLA):

Poverty can be defined as a state of being extremely poor, not having the ability to own any possessions of their own. When looking at the global economy as a whole, it becomes very ostensible that the majority of people living in poverty is women and children. All over the world millions of women and children are living in poverty. Whether we are looking at a developed country or a less developed country, it is adamant. Between the different countries there are many different reasons on why an increase in poverty has occurred but the consequences that are left from poverty is all the same.

Poverty: The state of being extremely poor. The state of being inferior in quality or insufficient in amount.

This year countries from around the world have been severely impacted by deadly natural disasters. For example, Hurricanes Harvey, Irma, and Maria created destruction and devastation to the Caribbean, Florida, and Texas. In south Asia, torrential rain and floods have affected millions. Mudslides and flooding have wrought

There are many ways that people define the term poverty. Cuthrell et al. (2010) defined extreme poverty as, “living with an annual income of less than $7,870 for a family

Relative poverty is, as the name implies, poverty in relation to the rest of the populace, whereas absolute poverty is defined as receiving an income insufficient to provide adequate conditions for living by any modern standard.

Poverty refers to the condition where people’s basic needs for food, clothing, and shelter are not being met. Poverty is separated into two categories; absolute poverty, and relative poverty. Absolute poverty measures the number of people living below a certain income threshold or the number of households unable to afford certain basic goods and services. Relative poverty measures the extent to which a household’s financial resources falls below an average income threshold for the economy.

Natural disasters may be defined as natural catastrophes which cause great damage by disrupting the functioning of a society thus rendering the country incapable of coping through using its own resources as there is a need for outsider assistance in order to effectively preserve lives and the environment. Conversely, Natural hazards are natural phenomena that are potential threats to people within a society, structures or economic assets and may cause disaster. Natural disasters are inevitable and ubiquitous worldwide. Within the Caribbean, they are chiefly present in the forms of hurricanes, earthquakes, floods, droughts, and volcanoes. The great damages caused by natural disasters may be divided into three categories: social, economic

What other types of natural disasters or social crises might affect demand in a community or region?

Please note this list does not list every possible natural disaster, just calling out the most common ones experienced in recent times.