Post
Topic
Board Economics
Re: Is poverty a lack of money?
by
Kimonoe
on 14/07/2023, 13:50:04 UTC
Honestly if you differentiate the situation of the people in the cities and provinces, poverty might have a new meaning to it. If you don't have money in cities, you can't buy foods and any other basic needs. In some provinces, as long as you have rich soil, with different crops and veggies, together with river with fishes, you can eat. They don't have money but are they consider to be in poverty if they can survive everyday life?

It is not all about food but also shelter and education. Let's say they have a house but don't own it or have access to education. Yes, yes they can survive on a daily basis in terms of food, but how about clothing? the education? Are they going to school? Also other basic needs like pens, paper, and other stuff that is used in the home. Poverty is really a broad term, but it is really different in provinces and cities because you'll die in cities if you don't have money, unlike in provinces where you can pick some vegetables beside the road.
based on mathematical calculations, each region has its own income level limit. whether in the city or in the village will have a nominally different level of basic needs. People are said to be poor if their income is below the regional income standard, so it is difficult to meet their needs in the area where they live. for example in the village, indeed they do not lack food, but we can calculate their income from the profit of each harvest, so that it is at that level, because the necessities of life are not only food that they can produce themselves, but there are many other needs which of course must be met. fulfill it must be exchanged for a certain amount of money