Without a doubt poverty is a huge p

Without a doubt poverty is a huge problem in the world today. Figures suggest that three billion people or half the world is population live. However, although we associate poverty with developing countries, poverty of some kind also exists in undustrialised nations. For example, it is now thought that quite possibly one in every ten americans lives in poverty. However, poverty means different things to differenr people. How do economises define poverty?

One measure of poverty is absolute poverty. People live in absolute poverty when they live on or below the poverty line. This is level of the basic necessities to live, such as food, clothing and shelter. According to the World Bank, these are people who are living on two dollars a day. However, there are one billion people in the world who live in less than one dollar a day. The World Bank defines this as extreme poverty.

Few people in industrialised countries live in absolute poverty, but many live in relative poverty. This measure of poverty takes into account the differences that exist in a population between the rich and the poor. For example, some economists say that people who earn less than half the average income live in relative poverty. In Britain, this means 14 million people.

Why does poverty still exist? There is no single answer to this question. In developing countries, causes of absolutely poverty include natural disasters like droughts and floods, political corruption and war. However, in many cases people - nd whole populations - are caught in a trap: the poverty trap.

People on a law income spend everything they have on daily necessities. They save almost nothing . In order to raise themselves out of property, they need education. This costs money. Even when governments provide free schooling. , the poor may not send their children because they need them to work. These families cannot afford the cost of sending a child to school. Without education, the children cannot find better paid work. In this way, generations of the same family remain poor.

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Without a doubt poverty is a huge problem in the world today. Figures suggest that three billion people or half the world is population live. However, although we associate poverty with developing countries, poverty of some kind also exists in undustrialised nations. For example, it is now thought that quite possibly one in every ten americans lives in poverty. However, poverty means different things to differenr people. How do economises define poverty?One measure of poverty is absolute poverty. People live in absolute poverty when they live on or below the poverty line. This is level of the basic necessities to live, such as food, clothing and shelter. According to the World Bank, these are people who are living on two dollars a day. However, there are one billion people in the world who live in less than one dollar a day. The World Bank defines this as extreme poverty.Few people in industrialised countries live in absolute poverty, but many live in relative poverty. This measure of poverty takes into account the differences that exist in a population between the rich and the poor. For example, some economists say that people who earn less than half the average income live in relative poverty. In Britain, this means 14 million people.Why does poverty still exist? There is no single answer to this question. In developing countries, causes of absolutely poverty include natural disasters like droughts and floods, political corruption and war. However, in many cases people - nd whole populations - are caught in a trap: the poverty trap.Люди на доходы закон тратят все, что они имеют на предметы первой необходимости. Они экономят почти ничего. Для того, чтобы поднять себя из собственности, они нуждаются в образовании. Это стоит денег. Даже когда правительства предоставляют бесплатное школьное образование. , бедные не могут отправлять своих детей, потому что они нуждаются в них для работы. Эти семьи не могут позволить себе стоимость отправки ребенка в школу. Без образования дети не могут найти более оплачиваемую работу. Таким образом поколений одной семьи остаются бедными.