Poverty has become a global economic problem. Poverty is by definition the deprivation of common necessities such as food, clothing, shelter and safe drinking water, all of which determine our quality of life. It may also include the lack of available opportunities for things such as education and employment, which aid the escape from poverty and/or allow one to enjoy the respect of fellow citizens. (Rector, 2003) “A lack of economic opportunities is one major cause of why so many people are left in poverty, especially in countries that are poor themselves.
In many countries where a large percentage of the population is impoverished, capital is a scarcity. ” (Shah, 2008) Unlike some other countries where people have the opportunity to apply for assistant or borrow money, people in impoverished countries are left to fend for themselves and try to save money anyway possible. This makes it very difficult to improve their funds and make it out of poverty. Therefore, families remain in poverty for years and sometimes forever. In this project, I will examine the economic issues of world poverty and the economic flaws that could help prevent this devastating problem that plagues our world.
“Statistics show that most people live on about two dollars day. ” (Roberts, 2000) This may seem hard to believe since we live in what is known as the land of opportunity. But regardless of whether one lives in the richest nations in the world or the poorest, high levels of discrimination exist. Because of the unavailable resources provided, less fortunate nations will also have a lack in the access of healthcare, education and other services; therefore, causing other incurable illnesses and raising the total death rates.
Additionally, because of the lack of education, this does not allow one the needed training in order to find better work opportunities to provide better for their families. Problems of hunger and disease distress the most underprivileged people in society. “The poorest are also typically categorized in society and have little representation or right to be heard in public and political debates, making it even harder to break out of poverty. By distinction, the better off you are, the more likely you are to profit from economic or political policies.
” (Westerman 2002) The amount the world spends on military, financial bailouts and other areas that benefit the rich, compared to the amount spent to tackle the daily predicaments of poverty and related problems are often staggering. (Shah, 2008) Due to the unstable, somewhat uncertain economy, and the current recession that we are facing, more families have to live on less. Why is this? And what can be done? Poverty is not an issue of what is available to one but what someone can afford to pay for what is available.
The lack of jobs and the many forced lay offs of worker are contributing to the poverty rate. If the economy became more stable, the possibility for new job positions would become more accessible. Furthermore, for the more underprivileged nations, it is up to those countries that have the needed resources, to provide for those that are less fortunate. According to the FAO, “the global benefits of reducing the number of hungry by half would be at least 120 billion per year as a result of longer, healthier and more productive lives for several hundred million people.
” (Bergen, 2008) The recent Census Bureau report considerably exaggerates the extent of poverty and economic inequality in the areas such as the United States of America. Many economists believe that the lasting poverty continues in our society primarily as a large result of individual behaviors, for the most part, the shortage of work and marriage. “Policies that require welfare recipients to work or prepare for work as a condition of receiving aid and that encourage the formation of healthy marriages are the best vehicles for further reducing poverty. ” (Rector 2008)
In conclusion, because of the many circumstances that exist in our world, poverty will always be a major problem. There will always be people out of work, someone unable to attend school for better advancement in their current jobs. This is a very unfortunate dilemma that troubles nations worldwide. This issue will never go away but it is the responsibility of other to help those that are in need. Even the small thing count for something in the eyes of a child that is hungry.
References Robert E. Rector, “The Role of Parental Work in Child Poverty,” Heritage Foundation Center for Data Analysis, January 27, 2003, at www.heritage. org/Research/Family/cda-03-01.cfm Anup Shah, “Structural Adjustment—a Major Cause of Poverty,” Global Issues- Social, Political, Economic and Environmental Issues that Affect Us, October 2008, at http://www. globalissues. org/article/3/structural-adjustment-a-major-cause-of-poverty Martin Westerman, “The Interplay of Poverty and Child Welfare,” Connection Magazine, 2002 J. Bergen, “Politics of Poverty,” at www. commondreams. com Craig E. Roberts, “ War Abroad, Poverty at Home,” at www. ontheissues. org