Economy

What is poverty? »Its definition and meaning

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Poverty is a condition of life in which human beings are deprived of their economic rights, preventing them from developing as a person and possessing those material elements such as clothing, accommodation, drinking water and food that are clearly necessary to be able to survive. The individual living in poverty is also prevented from accessing education, work and optimal conditions of respect between communities.However, it is a relative concept, since for some clothing may mean a basic need while others consider it as a luxury, since poverty occurs in both underdeveloped and developed countries.

To determine the social status of a community, the purchasing power of a specific family is studied, considering relevant points such as consumer income, children's schooling, type of home and even personal appearance. One can speak of extreme poverty when the group of people subjected to the study cannot get the caloric amount of food necessary to live. General poverty is determined when only the family is limited to the acquisition of goods such as clothing and luxuries.

Let's talk a little about data and percentages of world poverty: 2004 data from the World Bank show that in Sub-Saharan Africa, 41.09%, in South Asia, 30.84%, in North Africa and the the Middle East, 1.47%, in the Caribbean and Latin America, 8.64%, in Europe and Central Asia, 0.95%, and in East Asia and the Pacific, 9.07%.

The concept of poverty is constantly modified and it is likely that in another country you will find another type of poverty, it all depends on the cultural and liberal characteristics that that nation has, each country has its own considerations of basic needs, therefore the concepts Poverty levels also vary, from here we understand the variations that each country has in terms of the development of poverty lines, depending on their development, social norms or cultural values.

Every government in the world has focused for years on fighting poverty, creating plans for social inclusion that encourage the human and personal development of their populations. Characteristics like this are more common to see in third world countries.