Post
Topic
Board Economics
Re: What Really cause poverty in an individual
by
Barikui1
on 29/11/2024, 08:20:48 UTC
Poverty is a state of lack and not having something ( money, material, property) that is needed at that present point in time. Globally speaking poverty has been a major issues with the united nations general assembly even giving out time frame to end poverty and improve the standard of living of the world population especially in third world countries where the rate of poverty is higher.

No I don't believe poverty would ever get to an end because we can't be all financially equal and how do we even state a point of poverty? It should be a point where we can't afford our desires and most essential needs.
If you an an average earner amidst wealthy people you're still assumed to be poor because your standard of living comparing to them will be so underated and you too would want to grow in your incomes.
The fact is just that life is full of competition and unfortunately it can't serve everyone fair.
However, we can only improve to better living but that of poverty can't be termed off. Besides the governments would never agree to serve the masses standard and stable economy system. Muchly inflation will always be pinned to drive us crazily as course of high cost of living and taxes would also increase while income is of no value.
Yea, you are actually right on what you are saying, and to be honest here, poverty can't be silence for ever,  it can be reduced to the bearest minimum, but shutting it down completely is practically out of our control.

Secondly, we all look, but see differently, so we all have a different view of someone being poor, an individual might be living a fulfilled lifestyle, without having wealth in abundance but he will be termed as being poor because he or she is not having several cars or mansion or every other vain things.
So it all boils down to how we sees things, but in my own opinion, I think that poverty is more of not having the right ability or mindset to graced an opportunity that might comes your way or lack of the right skill needed to work and live a comfortable life.