There are many different income groups that make up the world. There is high income, middle, and low income groups. The high income groups average about 10, 000 to 25,000 dollars a year. These include countries such as the United States and Switzerland. The countries in this group perform some sort of specalized work. The middle income groups average about 2,500 to 10,000 annually and account for as much as one-third of the worlds humanity. This group includes countries such as the former Russia, and Eastern Europe. Low income groups, unfortunately are mostly farmers and account for about sixty nations globally. This group has no industrial technology and makes up close to one-half of the world's population.
Technology: Almost two-thirds of the population of the low income are farmers but the power of industrial technology is absent. These individuals are greatly limited to the complex machinery needed to produce sufficient crops.
Population Growth: Countries with the least developed economies have the world's highest birth rates. Populations of poor countries double every twenty-five years. Cultural patterns: Poor societies are typically traditional. Groups pass folkways from generation to generation. Social Stratification: unequally distributed wealth is often found in low-income countries. Gender Inequality: Poor societies use women more than industrial societies. Women with fewer opportunities have more children than ones that do. Global Power Relationships: The relationships between the nations in the world are a huge cause in the poverty in the world. Wealth usually flows from poor societies to rich nations through neocolonialism. Multinational Corporations imposes their own countries where they do business. AN example of a multinational corporation would be General Motors. These corporations profit from countries mostly outside of the United States.
Poverty is a huge problem in the...
Please join StudyMode to read the full document