People in Poverty are those who do not have enough money or material goods to meet their basic needs. When individuals are unable to meet their necessities, they are considered poor (Gutin et al.,2021). Poverty is defined as a lack of money or possessions. A wide range of social, economic, and political factors can contribute to Poverty. There are two main ways to measure Poverty in statistics or economics: A person’s basic needs, which include food, outerwear, and shelter, are taken into account when calculating absolute Poverty.
The poverty project is a breach of human dignity because it denies people the freedom to make their own choices and use their potential and the inability to contribute successfully in society. For example, not having adequate food and clothing, not having a school or medical facility, not having a job, and not having credit are all examples of Poverty. Individuals, families, and communities are left feeling helpless and isolated as a result (Doob et al.,2021). Violent settings are commonly associated with those vulnerable to violence and those who lack clean water or sanitation. Socioeconomic, gender, ethnic, and geographic factors have a significant role in accessing essential services such as decent schools, healthcare, and clean drinking water. If you can get out of Poverty, you’re likely to see some short-term gains. Their progress is threatened by economic and food instability and climate change, which might bring people back into Poverty. To end Poverty, one must break the chain from generation to generation. Addiction to alcohol and other drugs, a lack of educational opportunities, substandard housing, and a higher incidence of sickness are all common outcomes of Poverty. As the gap between the rich and the poor widens, so will the level of social friction. Poverty-stricken areas typically see an increase in crime due to these problems.
I would tell my roommate that readings about Poverty are poor people who cannot have good access to clean drinking water and nutritious food. Billions of people lack access to safe water in their homes, while other millions are hungry. While one assumes that Poverty causes hunger and hinders people from having access to clean water, hunger and water insecurity are also major factors in people’s struggle to rise out of Poverty. One cannot perform at best if oneself don’t have the necessary energy and stamina. Diarrhea may result from a lack of food and clean water, which can be prevented. A family’s financial situation might be sent into a downward spiral when members are forced to drive long distances to clinics or spend what little money they have left on drugs. Rural areas generally lack access to safe water sources, even if they exist. Some million hours a day are spent by women and girls going considerable distances to gather water. A time that could be spent working or receiving an education to help ensure a career in the future is wasted.
I agree that Poverty causes inequalities in people. It also causes class differences, the rich and the poor class. Poverty covers too low levels of human health and education, limited access to clean water, inadequate physical security, and insufficient ability and chance to enhance one’s life. The aspect of Poverty that impacted me the most is the aspect of Poverty of money. The most common ways of determining Poverty have and will continue to be based on the money one has. Income and availability are used to measure both absolute and relative Poverty.
Due to the ease with which such measurements can be made and quantified, Poverty is commonly measured in terms of income and affordability. However, a lack of money does not necessarily mean that the person is poor. When it comes to escaping Poverty, most of the poor have an income, but they lack the tendency to earn assets, which is a crucial element in creating wealth.
Due to a lack of market knowledge, the poor are often exploited by moneylenders, regulators, and enforcement agents who demand bribes or extort protection money and mediators or other bigger and more powerful business partners who steal from the poor because the poor lack market information (Harvey 2020). another way, it’s difficult for the poor to build up capital because they are often forced to buy public goods and services readily available to other groups in society at a lower price at much higher costs. As a result, we now turn our attention to “poverty of access,” which is the second type of Poverty.
To be considered poor, one must be unable to afford the most basic of necessities, such as food, clothes, and a place to live. Poverty, on the other hand, encompasses much more than lack of money. Poverty, according to the World Bank, is best described as “hunger.” Having to pay all of these expenses is a consequence of being poor. This impact of the Poverty of money makes me feel bad and unhappy. When one does not have money, one can decide to do immoral activities like stealing, prostitution too to get enough money for their sustenance. This aspect of Poverty of money has never impacted my life because I have always worked hard to make my ends meet. I feel it bad when I see poor people struggling to overcome Poverty and others just watching over it due to laziness.
The most difficult aspect of the poverty project was conflicted. There are several ways that conflict may lead to Poverty. Forcing people to evacuate their homes and selling or leaving behind all of their possessions is one of the most devastating effects of the widespread and prolonged conflict we witness in countries like Syria. In Syria, around 70 percent of the population is now living below the poverty line, which was previously unheard of in the nation. During times of war, female-headed families are more numerous, and they suffer the brunt of this burden. As a result, women’s families are especially vulnerable since they have trouble finding well-paying jobs and are often excluded from communal decision-making. Violence may have a devastating effect on communities already in a state of crisis. A farmer afraid that his crops may be taken won’t invest in farming. Violence against women is a common occurrence in these confrontations since they are frequently the victims of sexual assault when collecting water or working alone on the farm. This is my way of viewing people because sometimes I view them as humane, but at most times, they are no longer humane because they take actions against each other despite the situation.
Racism, ethnicity, and Poverty have been extensively studied in the previous topics. The median wealth of white families has risen since 1960, while the wealth of Black households has remained stagnant. Unemployment among African-Americans has consistently been higher than among whites for decades. Additionally, black Americans are outnumbered in high-paying jobs like corporate management. According to Chetty’s study, the economic mobility of black and American Indian children is much lower than that of white, Asian, and Hispanic children. This makes similar points to the ones we have studied before.
Institutionalized racism and the heritage of slavery are at the basis of today’s racial disparities in the United States. New Deal programs in the 1930s resulted in a policy known as institutional racism, which led to housing separation and a gap in house ownership, a key source of wealth, for Black Americans. Even though the Fair Housing Act of 1968 outlawed racial housing discrimination, the repercussions are still visible. Similarly, black Americans were not eligible for the G.I. Bill’s post-war benefits, usually credited for boosting the middle class after World War II. William E. Spriggs, a senior economist at Howard University and the top economist for the Labor Movement and Congress, believes that recruiting is generally done domestically via channels by excluding blacks in America.
As a result of long-term economic dynamics, both high- and low-wage individuals see increases in their compensation. In the globalized world, there are those Americans who gain enormously, such as the star actor whose films reach an international audience or the entrepreneur who can swiftly and inexpensively bring a new product on the market via Chinese manufacture. As a result of the stagnation in salaries and the outsourcing of certain jobs, globalization has made it difficult for American workers to compete.
In conclusion, little or no access to ways of life or work at the start may seem like an obvious choice. Those who don’t have a job or a source of income will be forced to live in Poverty. As a result, it’s simple to believe that everybody who wants a job is capable of getting one. That’s not the case, especially in rural and undeveloped countries. It is becoming more difficult for many traditional livelihoods to survive owing to diminishing access to arable land and overexploitation of resources like fish and minerals. When it comes to natural resources in the DRC, which has been ravaged by colonialism for generations, most of the population lives in rural areas where they have been forced to leave their homes due to land disputes. Even if a family falls into Poverty because of sporadic or low-paying labor, no work implies that the family will not support themselves.
