What is Poverty?

Poverty includes a series of elements between them social, economic and political. It refers to the lack of the things necessary for a person to live. Year by year many projects are developed but not one secures that this will end poverty around the world. What can we do about it? Our societies have the obligation or not to do something about it, let’s think about it.

“Poverty is a multifaceted concept, which may include social, economic, and political elements. Absolute poverty, extreme poverty, or destitution refers to the complete lack of the means necessary to meet basic personal needs such as food, clothing, and shelter.

The threshold at which absolute poverty is defined is considered to be about the same, independent of the person’s permanent location or era. On the other hand, relative poverty occurs when a person who lives in a country X does not enjoy a certain minimum level of “living standards” as compared to the rest of the population of the same country. Therefore, the threshold at which relative poverty is defined varies from country to another, or from one society to another.

After the industrial revolution, mass production in factories made producing goods increasingly less expensive and more accessible. Of more importance is the modernization of agriculture, such as fertilizers, to provide enough yield to feed the population. Providing basic needs can be restricted by constraints on government’s ability to deliver services, such as corruption, tax avoidance, debt and loan conditionalities and by the brain drain of health care and educational professionals. Strategies of increasing income to make basic needs more affordable typically include welfare, economic freedoms and providing financial services.” https://en.wikipedia.org/wiki/Poverty