Poverty is a state or condition in which a person or community lacks the financial resources and essentials for a minimum standard of living. Poverty means that the income level from employment is so low that basic human needs can’t be met. Poverty stricken people and families might go without pro...
Poverty is a state or condition in which a person or community lacks the financial resources and essentials for a minimum standard of living. Poverty means that the income level from employment is so low that basic human needs can’t be met. Poverty stricken people and families might go without proper housing, clean water, healthy food, and medical attention
Poverty is a complex and multi-dimensional issue with various interconnected causes. Understanding these causes is crucial for designing effective anti-poverty strategies.
Some of the key causes of poverty include:
Unemployment and Underemployment:
Lack of job opportunities and inadequate income-generating activities contribute to poverty.
Low Agricultural Productivity:
Dependence on agriculture, coupled with low productivity, seasonal fluctuations, and lack of modern techniques, leads to rural poverty.
Lack of Education:
Limited access to quality education and low literacy rates hinder individuals from acquiring skills for better employment prospects.
Health Issues:
Poor health and inadequate healthcare facilities result in high medical expenses, reducing households’ economic capacity.
Social Discrimination:
Discrimination based on caste, gender, and ethnicity creates social disparities, limiting opportunities for certain groups.
Inequality in Income Distribution:
Unequal distribution of income and wealth concentrates resources in the hands of a few, leaving others in poverty.
Overpopulation:
Rapid population growth strains resources, making it challenging to provide essential services to all.
Lack of Access to Credit:
Limited access to credit and financial services impedes entrepreneurship and income-generating activities.
Corruption:
Corruption in public services and lack of transparency can divert resources intended for poverty alleviation.
Natural Disasters:
Vulnerability to natural disasters, such as floods, droughts, and earthquakes, can lead to loss of livelihoods and assets.
Political Instability:
Political instability and conflict disrupt economic activities, leading to poverty in affected regions.
Global Economic Factors:
Economic factors like global recessions and fluctuations in commodity prices can impact the income of vulnerable populations.