Poverty and Inequality in Society

Many individuals all over the world are affected by poverty. In order to completely understand the cause, the effect, and the solution to ending poverty, we must first understand the meaning of poverty. Poverty is the condition where an individual’s basic needs for food, clothing, and shelter are not being met (business dictionary). According to the World Bank Organization, poverty is also the lack of healthcare, education, information, and jobs. There are two general types of poverty: Absolute and Relative. Absolute poverty occurs when individuals cannot obtain adequate resources to support a minimum level of physical health. Relative poverty occurs when individuals do not

Poverty affects over 767 million people in the entire world. In the United States alone, poverty affects more than 42 million people. According to feedingamerica.org, of that 42 million affected, 13 million children and over 5 million seniors live in poverty. Poverty is grouped into two different categories; absolute and relative. Wikipedia.org defines absolute poverty as the absence of enough resources to secure basic life necessities. This includes not having safe drinking water, not having clean bathroom facilities, not being able to get proper healthcare, not having access to education and not having proper shelter. Absolute poverty is also referred to as living in extreme poverty. Relative poverty, according to wikipedia.org, is the condition in which people lack the minimum amount of income needed in order to maintain the average standard of living in the society in which they live. The meaning of poverty varies from country to country and person to person. For example, while some people in the United States would be considered as living below the poverty line, a person from another country may consider that person rich. However, poverty is simply when an individual is unable to meet their basic needs. This includes not being able to clothed, house or feed oneself or one’s family. Poverty is a problem that will not be easily solved. There have been many attempts to try and end poverty, but yet it continues to grow. In a country such as the United States that’s

Poverty refers to the state or condition of having little or no money, goods, or means of support. Society often classifies this state as being poor. According to osomething.org 805 million people worldwide do not have enough food to eat, and nearly ½ of the world 's population lives on less than 2.50 dollars a day. Osomething.org states that 1.3 billion live in extreme poverty on less than 1.25 a day, 1 billion children worldwide are living in poverty, and 22,000 children die each day due to poverty. These statistics are rather alarming, and the first step to finding a solution to this problem is determining the root cause. Many would ask how this transpired. The answer to this is also the determining factor of not only what happened but

“What is poverty? Poverty is hunger. Poverty is lack of shelter. Poverty is being sick and not being able to see a doctor. Poverty is not having access to school and not knowing how to read. Poverty is not having a job, is fear for the future, living one day at a time. Poverty is losing a child to illness brought about by unclean water. Poverty is powerlessness, lack of representation and freedom” (The World Bank, 2009).

Poverty is a complex societal issue, no matter how it is defined, it can be agreed that it is an issue that requires everybody’s attention. There are two types of poverty: absolute poverty and relative poverty. Absolute is the deprivation of basic human needs such as food, shelter, clean drinking water, etc. It is measured in relation to the poverty line and serves as a minimum standard below which no one should fall regardless of where they live. Relative poverty on the other hand, is more country specific and is defined as not being able to afford the goods and services needed to fully participate in mainstream society.

Over three billion people live on less than two dollars and fifty cents a day. That's almost half the population of mankind. But poverty is not just about not having enough money, it's about not being able to obtain, basic human needs. Around the world people lack such necessities, like clean water, food, suitable clothing, etc. It’s because a person is not well suited to today’s society, it creates a large gap between the fortunate and those who struggle to survive.

Poverty is where one person or a group of people don’t have enough money and recourses to meet needs that are considered acceptable in the general public. Although there has been effort to prevent poverty, it is still rampant around the world. 3 billion people live on less than $2.50 a day while 1.3 billion of those people live on less than $1.50 a day. Poverty also affects children. Every 4 seconds a child dies of poverty. 1 billion children live in poverty. Two examples of world powers with large populations but still have child poverty are the United States and Brazil. The poverty line in the United States for a family of four is $23,550. [Federal Poverty Level 2013-2014]. The poverty line

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.

In the book, Poverty and Inequality, it is noted that many people look at the economy and poverty status in the 60s to gauge how to solve poverty today (1997). The sixties saw the longest and strongest economic growth in US history. The unemployment rates went from twenty two percent to thirteen percent. The economy grew 4.3 % every year. This leads many economic analyses to tie the bustling economy with the declining poverty level. The eighties saw two short recessions before the second longest and strongest growth in US history. The unemployment rate went from just over ten percent to just over eight percent. It is important to note that the poverty rate only fell slightly during this period. By 1990, the poverty rate

“Income inequality has no necessary connection with poverty, the lack of material resources for a decent life, such as adequate food, shelter, and clothing. A society with great income inequality may have no poor people, and a society with no income inequality may have nothing but poor people” - Robert Higgs. When people think of income inequality they picture poverty and people not having basic necessities. However income inequality is not just a connection to the poor. Income inequality is strongly affected by education attainment, technology, and gender.

The income gap currently in the United States of America is wider and larger than ever in recorded history of the country resulting in a poverty level degree and percentage unprecedented and unnecessary. Poverty in and of itself is concerning; however, the repercussions are Systemic, affecting our children who then are ill equipped to break the cycle of poverty,this is my concern.

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

Many describe poverty as an economic deprivation, or lack of income. However, this alone does not incorporate the different social, cultural and political aspects of this unfortunate reality. Poverty is not only a deprivation of economic or material resources but a violation of human dignity. The general scarcity, lack, or the state of one without a specific amount of material possessions or money. It is a versatile concept that may be defined as either absolute or relative. Time and again, poverty is a call to action, for the poor and the wealthy alike, it is a call to change the world so that many more may have enough to eat, adequate shelter, access to education and health, protection from violence, and a voice in what happens in their communities.

There are several types of poverty, the most appalling form of poverty is absolute poverty; this type of poverty can be defined as the inability to secure the basic necessities for physical survival (Richmond and Saloojee, 2005, p.35).This is usually measured by comparing income to expenses used to buy goods and services. Organizations usually define absolute poverty in terms of people who live on less than $1.25 a day, international organizations such as the World Bank use these types of monetary figures to measure poverty (Murray, 2011, p.245). Other organizations and economists, politicians and humanitarians think that living on less than two dollars a day is the indicator for living in poverty. It is believed that one billion people live on less than one dollar a day and that three billion people live off of less than two dollars a day (Seabrook, 2007, p.47). Regardless of the amount that is considered to be living in poverty most organizations have this perspective that poverty is about

Inequality and poverty exist in our society because wealth and opportunity are inherited. If we all entered the world with an equal amount of resources, some would still rise above others but everyone would get the same chance to succeed in life. Since greed is one of the norms of our society, and wealth is passed from generation to generation, there will always be inequality and poverty. The system of wealth and inequality is actually pretty simple. It all boils down to a few things what you start with and how much you earn. Also, what you save and at what rate does your saving return and even greater profit. No one policy can single-handedly beat inequality the roots of the problem extend into the very structure of our economy. However, there are means by which we can change the system of inequality by looking at previous history and the current world today.