The origins of poverty date back to the 16th century, with the emergence of the New World, increased trade and the arrival of modern economics. Poverty emerged simultaneously with wealth. Gaps in income developed within and among nations, through combinations of geographical location, politics and access to resources and training.Know More
Poverty existed in the 1770s, as evidenced in the book "The Wealth of Nations," written by Adam Smith in 1776. Smith noted income inequalities among citizens in the United States. However, economic prosperity differed among nations in addition to citizens of the U.S. Some nations advanced technologically and acquired wealth quickly, while others struggled to provide citizens with basic needs and resources.
Several theories exist for the difference in economic growth. Some experts argue poverty stems from geological conditions, like infertile soil, prevalence of disease and inhospitable growing conditions. Others argue that poverty derives from cultural practices and differences. Differences in religions, such as Catholics and Protestants, or Christians and Muslims, create unequal economic opportunities. Government and economic policies contribute to poverty too. Some governments historically extended more opportunities to citizens of certain races, ethnic identities and religions, leading to perpetual poverty and wealth. In 17th century America, for instance, aristocrats and conquistadors suppressed Native Americans to roles as indentured servants. Leaders restricted access to resources, such as education and good living conditions, which kept Native Americans in poverty.Learn More
The issue of poverty can be solved through education, economic security, water and sanitation, health care and job creation. There are many people earning less that $2 per day. Non-governmental organizations, governments and other organizations have played an important role in identifying major causes of poverty and striving to provide solutions.Full Answer >
Poverty is defined as the general scarcity of material possessions or money. Therefore, global poverty represents this general scarcity around the globe.Full Answer >
Poverty stems from many factors, including lack of jobs for workers, health conditions, inadequate access to schools and training facilities and government corruption. Poverty affects millions of people worldwide, including families and individuals in the United States. It exists in wealthy and poor countries alike, and affects citizens directly or indirectly.Full Answer >
Poverty can be eliminated through education, quality health care services, clean water and job creation. Ending poverty is not an easy task. It requires the involvement of the public, the government and other relevant authorities.Full Answer >