What Are the Causes of Poverty in Philippine Economy?

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

Everyone knows what the word poverty means. It means poor, unable to buy the necessities to survive in today's world. We do not realize how easy it is for a person to fall into poverty: A lost job, a sudden illness, a death in the family or the endless cycle of being born into poverty and not knowing how to overcome it. There are so many children in poverty and a family's structure can effect the outcome. Most of the people who are at the poverty level need some type of help to overcome the obstacles. There are mane issues that deal with poverty and many things that can be done to stop it.

This paper will give a clear examination of the problem of poverty. It will first show how big poverty is and how it progressed in America. Moreover, how it affects the people in America and if not dealt with can bring America into a bad predicament. Next this paper will present three possible policies that can be solutions to poverty or at least help it: adjusting the minimum wage, education opportunities for all, and last an interagency working group on reducing poverty. This paper will first explain each policy solution. Then it will analyze the pros and cons, and possible strength and weakness of each solution. Then lastly, it will present an opinion on the problem of poverty.

Poverty is an authentic life issue people all over the world continue to struggle with. There are many countries that try to help those in poverty, but a complete solution has not been found. Although there are countless definitions of poverty, according to Schwartz, he states in his article the United States Government says; “Poverty is a state of deprivation, or a lack of the usual or socially acceptable amount of money or material possessions”. The government calculates poverty based on the total income a person may receive and it does not include non-cash supplements (Schwartz).

The overall all causes of poverty in United states is the poor economy, the lack of jobs, affordable housing, education, and healthcare. (4) The poor economy is causing the competition for jobs to be high. With more people trying to find well-paying jobs, the jobs become scares. Having a minimum amount of jobs make life harder for middle-class Americans. They depend on those jobs so they can support their families. Not having the income to pay for food and monthly bills is a primary cause of poverty. The lack of money causes people to lose the thing that is beneficial for day to day life. Not only are people losing their houses and cars they are also losing motivation, faith, dignity, and they begin to turn to drug, alcohol or to commit crimes.

One of the largest areas of concern around the globe is the poverty levels. Over the last 40 years governments have been influenced by neoliberal ideologies and poverty has increased on a

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

When it comes to poverty, there is the magnitude of definitions explaining the term. The definition of poverty has important implications from point of view of policy making, politics and academic debates. Each view has its own value judgments and explanations. Over the times, new definitions have surfaced the debates and yet, there is not a single universally acceptable definition of poverty. Definitions usually set the perimeters of the terminology and often subject to limitations and criticism. According to the definition of the World Bank, the term lack refers to the scarcity of economic resources while the term inability refers to the failure of competence to take part in a community (Bellu & Liberati, 2005). It is now widely

“The reasons poverty rates remain high despite the [economic] recovery has to do with wage decline and failure of the “safety net” i.e, the government systems of taxes and transfers designed

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.

The purpose of this review is to investigate the claims made by economists on why poverty is a reoccurring factor in developing areas, and whether or not that particular claim is indeed one of the reasons that these areas suffer from poverty. Poverty traps are one of the prominent factors in the reasoning behind poverty in developing areas; however, there are also many other supporting factors that reinforce poverty. Shepherd (2007) believes there is a point of equilibrium in

Poverty is the lack of the basic needs of life, including food, shelter, clothing and safe drinking water. For a person to live normally, it is important to meet a certain level of physical, social, and emotional needs. People who live in poverty have difficult time to achieve those as they are not welcomed in many places. Because of their low incomes, they have troubles in maintaining their health, hunger, education. Poverty has become a large issue around the world. It is something that many of us know about but we’re not realizing just how big of a problem it is. This paper will include basic information about poverty, its effects, facts and statistics which can make people aware and want to help reduce poverty.

This paper will discuss poverty, the different types of poverty and their definitions and who is affected by each type of poverty. It will look at the some of the major reasons why poverty exists and what causes poverty, like such things as inequality, stratification and international debt. Some of the impacts of poverty will also be analyzed from a national and global perspective; things like education, literacy rate, and crime. This paper will demonstrate that poverty affects almost everyone in some form or another and exists because those with power and wealth want and need poverty to exist to force a dependence on the wealthy. A few of the main

Thousands of individuals are living in poverty. Why is it that this worldwide dilemma is still rising in rapid numbers till this day? Is it because of a lack of authoritative power, or a lack of one’s self control to do good? Despite the unknown cause, it has managed to drastically affect the lives of many. Poverty is like a curse, one that is wrongfully placed, difficult to get out of, and resistant to many forms of help.

Poverty is a social problem that affects everyone on an economic, political and social level. The problem of human suffering is one that we must combat strategically on many levels. According to the United Nations, “in 2015 more than one billion people around the world live in a state of poverty, lacking the basic goods food, clothing, and shelter that humans need to survive” (“Poverty”). There are a great number of areas that keep individuals poor, such as lack of resources, inadequate income, lack of education, language barriers and the high cost of child care. Being able to work and provide basic necessities is our basic human right and we should not be deprived of these basic human rights that individuals need in order to live satisfying lives. The government has the responsibility of helping individuals in need with the economic assistance to feed, clothe, house, educate, provide health care and decent wages for every individual. They should ensure that individuals have access to resources that will help them build a better future. There are several ways that we can work together to strategically find solutions to end inequality among the poor individuals in our society.