Introduction
The world’s population is severely hit by poverty. Poverty is the general dearth. It is a state of an individual where he or she lacks the sufficient amount of material possessions or wealth. Apart from that, poverty involves more than the lack of income and personal possessions. It includes hunger, malnutrition, limited access to education, clean and safe supply of water and many more basic services. Here are a few depressing facts: Almost half the world live on less than $2.50 a day,
Nearly a billion people entered the 21st century being unable to read a book,
The total GDP of the 41 heavily indebted poor countries is less than the wealth of the world’s 7 richest people combined,1 billion children suffer poverty(1 in 2 children
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Half the world is living on less than $2.50 a day. Taking China as an example, it is the fourth largest country in the world having a population of more than 1.3 billion people. No doubt, China has been developing an at immense rate. However, the huge amount of population has also caused the poverty and inequality gap to rise. The citizens living in the rural area are far behind the ones living in the urban areas like Shanghai and Beijing. Large income inequalities have been created. Since 1978, the income of the urban have increased drastically, causing the large differential gap between the urban and rural. Reports have shown that although the average affluence per Chinese citizen was $17,126. Close to a double that of other high growth economies such as India. However, their median wealth was merely $6,327. This indicates that the population in the rural area has a relatively low amount of affluence. Also, another report showed that rural households in China have been spending almost 50% of their income on food. On the other hand, urban households in cities such as Beijing and Shanghai are only spending less than 30% on food. This has reflected the vast inequality and poverty gap between cities and the rural …show more content…
It is defined as having an immensely large amount of population in a country. Using Bangladesh as an example, it has one of the world’s highest population density with 1,147 persons per square kilometer. A large proportion of the workforce in Bangladesh is concentrated in a low-productivity manual farming which contributes to the lack of food production in the country and ends up contributing to the extreme level of poverty. Apart from overpopulation, changes in labor markets are also a cause of poverty. The number of better-paying jobs are declining while the demand for job opportunities are increasing significantly. Teenagers that studied in rural areas will have difficulties to find jobs due to the replacement of jobs with manual labors with service and technology jobs. The income gap between rural and urban citizens are also at an enormous rate. The larger the amount of population, the harder it is to tackle
However, humans have achieved a level that was never previously before known. Some countries have been able to reduce a high population without the One Child Policy (Doc B). However, even though these countries have been able to drop their population, these countries still have an extremely high poverty rate. In China the amount of people in poverty is 13.1%. Even though this is a high poverty rate the poverty line in South Korea is 15% (World Bank).
Poverty is a major issue in the U.S. and the world today. The way people see poverty can mean a lot of different things like: no shelter, being hungry, lack of education, lack of healthcare, being sick, no job, and no clean water. Some people see poverty as the homeless people out on the streets. But did you know that most poverty people live in apartments and homes not just on the streets. The real definition of poverty is extremely poor.
III. A theory in the work is that political and economic structures failed to provide enough decent opportunities and support to the whole economy. IV. The Author does not present any original research, does use sources to come to conclusions on poverty. The author doesn’t mention the methodology used.
1. Introduction Income inequality has grown significantly during this past decades and this phenomenon continues to increase over the years. This problem is constantly discussed in the daily news all around the world. Several consequences of this increase of inequality between people leads to economic problems such as high unemployment rates, lack of work for young people, fall of demand for certain product. The gap between rich and poor is increasing, the rich are richer and the poor are poorer as a result politicians and economists try to adopt certain policies in order to reduce this gap.
These sources of inequality are inherent in China’s hukou system which restricts rural migrants from privileges enjoyed by urban residents in terms of social security such as retirement benefits, schooling, and housing (Joseph, 2014, p. 260-261). The addition to income from a university education compared to that of primary schooling has increased dramatically from 9% in 1988 to 39% in 1995 to 88% in 2002 (Gustafsson, Li and Sicular, 2008, p. 25). This means that levels of educational attainment highly influenced the income earning prospects and is a significant factor of income inequality in China. Indeed, gap in education contributes as much as 11% to China’s Gini coefficient (Gan 2013, p. 18). The exclusivity of access to education inherent in the hukou system therefore significantly contributes to the rising levels of inequality in
The solutions therefore interpreted as a need for greater economic growth, with a focus on building human capacity/capital. Conceptualization of poverty has broadened to include non-economic components. Thus, poverty is increasingly being recognized as multi-dimensional, distinguishing the numerous aspects of people’s lives affected by poverty, including economic and non-economic dimensions, and recognizing that poverty occurs within and is affected by the political, economic, social and cultural context (Sen,
Even though around $35 billion was put into the country from 2002-2009. Even the nuber one cause of death is poverty. There was a movie titled “The pursuit of Happyness” made in 2006 which explores the idea of extreme poverty in the states. The movie is about a man named Chris Gardner ( played by Will smith) and his son Christopher ( Played by Jaden Smith) who becomes extremely poor as well as homeless so he has to try to get back on top of things. Although, the movie never says why he is poor we can infer.
The economics of China have been growing rapidly since the reform and opening up in 1978. Between 1978 and 2005, China's per capita GDP had grown from $153 to $1284, that is more than 8 folds increment. This economic reform has increased inequality in China dramatically. To large extent I agree the rapid economics development of china has been more of a threat than an opportunity for China’s traditional culture.
Most of the poverty is happening in the third world countries. These areas are often being discriminated by some well-developed
The Effects of Growing up in Poverty Poverty is not a new phenomenon we are dealing with. It has been an issue from the foretime till now. Poverty gradually has continued and changed its form in a different manner that has created many problems for the new generations, for example, in the old days poverty implicated to lack land and food, but nowadays, poverty means lack of education, lack of food and water, lack of money and much more. The main cause of poverty is a lack of money or income which has created a very critical situation in local and international society. These critical situations are child labor, hunger, health problems and much more that we are dealing with nowadays.
THE RELATIONSHIP BETWEEN POVERTY AND DISABILITY INTRODUCTION In society, there is often a considerable gap in the accessibility of resources between the disabled and non-disabled. This unequal accessibility results in disabled individuals being stuck in a cycle of poverty. In this essay, I will give a general description of the definitions of poverty. I will then describe the three perspectives of disability as well as look at the relationship between poverty and disability.
After the rapid economic growth, China becomes the second largest economic in the world. However, China has the lower welfare for workers in the world which the citizens need to pay on their own contribution such as the cost of education, accommodation, medical treatment, and so on. As a result, the increasing in the cost of living affect the expenses of citizen expecially for the lower income worker and family. Income and poverty dynamics, living conditions and he broader well-being of migrants
‘Poverty’- a simple word with unlimited connotations. Poverty is a universal issue that has been plaguing our Earth for centuries; thus it is essential that the immensity of the situation is acknowledged by everyone. If looked up, you’ll find the exact definition of poverty being: ’general scarcity, dearth, or the state of one who lacks a certain amount of material possessions or money. [1] Poverty is a multifaceted concept, which includes social, economic, and political elements. [2] Poverty may be defined as either absolute or relative.’
Poverty is defined as the state of being unable to fulfill basic needs of human beings. Poverty is the lack of resources leading to physical deprivation. Poor people are unable to fulfill basic survival needs such as food, clothing, shelter. These are the needs of lowest order and assume top priority. Poor people are unknown of their lack of voice, power, and rights, which leads them to exploitation.
However, China hoped to not create too much pressure on existing industrial structures as such an action would have forced many local enterprises to close without doing much to encourage new investments in industrial activities. Employment and economic growth would have suffered, threatening social stability of China. Therefore, China welcomed foreign companies with the objective of fostering domestic facilities. A number of policies were used by China to ensure that foreign technology would transfer to them and that domestic industries would emerge. Early on, they relied predominantly on state-owned national champions.