CAUSES OF POVERTY
Poverty is the lack of basic living needs such as clean water, food, shelter, education and clothing. When those basic needs become unaffordable, the poor families become trapped in poverty. When this phenomenon keeps repeating, it creates a cycle of poverty. Poor families can not escape their destiny at least a few generations until there is an outside intervention. Why is it? Who should be blamed the person itself, the family or the society?
Poverty is solely due to poor individual and family decisions. A person is poor because of his personal traits (Rank, Yoon, & Herschi, 2003, p. 3-29)(1). These traits have caused that person to fail. Such failures can be in education and work performance due to laziness, disadvantages or poor decisions. For example, in such poor families, kids drop out of school in early age. It becomes a big disadvantage for them to develop their career. In modern society, work capacity is one of the most important factors to achieve. However, lack of education has stopped them to reach opportunities. When poor kids drop out of school, they are forced to work in the factories or heavy physical works. Thus, when a poor person enters into transactions and interactions with the social norm, that person's understanding of it is limited, and thus decisions revert to decisions most effective in the poverty environment. Through this a sort of cycle is born (2). As a matter of fact, the poor’s lack of capacities has caused the poor to enter this cycle.
Bad governance is the root of poverty. It creates many issues such as civil war and corruption. According to the fact sheet from Wikipedia, many countries in Middle East, Africa, South America, Asia and even Europe are in the list of countries living in poverty. For example, Sri Lanka is one of the world’s poorest countries under poor governance. Many years of civil war have left its economy in particular tatters (3). While the economy is down, corruption in...
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