Quote from: Gallar on Today at 08:35:21 AM

Quote from: Framelover on June 24, 2023, 11:58:53 AM

In what ways have the people living in poverty impacted in the economy?

The poor you mean, are the poor people who have jobs, or the poor who don't have jobs, because in my opinion there are also different levels of poor people. So if you mean the poor person who doesn't have a job. If you look at it as a whole in life, more or less it is certain, it will have an impact on the economy. Because even poor people who don't have a job must have needs and needs in their life, such as food and clothing that must be owned. And it's all definitely a must buy.
That way, it means that even the poor who don't have a job still have a contribution to economic turnover, although not too big.

And what about the poor, but who have jobs. The poor also certainly have an impact or contribution to the world's economic cycle. Moreover, these poor people have a job, but maybe with a salary that is not big.

So it can be concluded that poor people also have an impact on the economy, because if there are no poor people, it is sometimes difficult for rich people to find workers. And the poor are also basically the same, have needs and requirements that must be met. But the difference is only in terms of the amount of money and how often the need or needs are met.

Everyone from the unemployed who continue to spend what little money they have on items in an effort to stimulate the economy to the "working poor" whose efforts are crucial to the nation's economic success. Their presence illustrates the inequality of wealth, but also the interconnectivity of our economy. Nonetheless, the last argument deserves close scrutiny. While it is true that the wealthy often hire the unemployed, this fact in no way implies that poverty is an acceptable means to financial success. Poverty is not merely a lack of money; it is a social problem that prevents people from sharing in the benefits of growth. Where does Bitcoin fit into this picture? However, Bitcoin presents an alternative financial structure that, in theory, may make access to money more equitable for everybody. However, before it can help the poor, pressing issues like lack of internet access and digital literacy must be resolved.