Every person around the world should be concerned with poverty. It is not just one person or one nation’s problem. The effects of poverty have a tendency to burden generation after generation thus causing a domino effect with the aim of many other issues around the world. The concern of poverty consequently produces problems for everyone, which is why we all should take part in eradicating poverty. I.
Poverty has a direct impact on the economy.
A. Bankruptcies increased 36.4% over the period of the recession.
B. 1 in 4 workers are making $10 or less on their job.
C. the number of food bank users jumped 18% in 2009.
The increase in poverty runs parallel with the rise in unemployment, hunger and crime.
A. With unemployment at its highest rates the poverty toll has also risen. B. Some people have to decide whether to put food on the table or to pay the rent/mortgage. C. Where there is poverty, there is also crime, and prejudice III.
Education can help do away with poverty
A. The fact that parents are not able to make conferences and events for their children can cause a lot of problems in attempting to educate children who are poverty stricken. B. Education improves your attitude, social skills, and improves control over situations. C. Education is still regarded by most of society as the best way of escaping poverty. IV.
What can we do to improve Poverty?
Building affordable homes
We have to donate
Remember those that are less fortunate
It is Everyone’s Problem
Poverty is described as the state of lacking such essentials as money, food, water, clothing and shelter (Global Issues in Context Online Collection). With the recent recession and decline in the economy, we become more and more acquainted with people that may fit this category. Not only has there been a decline in the economy but there has also been inflation in goods and services. No one foresaw the economy’s downward spiral but everyone has been affected by it one way or another, whether you’re rich or poor.
Poverty has a direct impact on the economy. An increase in the number of unemployed people leads to an increase in the number of people who are dependent on social assistance/welfare programs. In other countries such as South Africa, one would get a free house, free primary education, free health care and a limited amount of free electricity and water. This puts a large burden on the countries taxpayers and takes a huge chunk out of the countries budget. Unemployment considerably increases the risk of poverty, especially in areas that do not have (or have a limited) social assistance/welfare program. This reduces a person's chances of attaining basic human needs, namely: Food, Shelter, Health and Security. Poverty increases when there are not many options available that contribute to the eradication of it.
Studies have shown that 15.7 percent of the country’s population is impoverished (The New York Times). Unemployment and the lack of jobs in this economy seem to be one of the key factors in poverty. With tax cuts and federal aid being scaled back it could push an
estimated 175,000 more people into poverty (The New York Times). With so many people depending on programs like social security and other assistance from the government, doing away with them without creating more jobs will cause even more people to fall into the hole of poverty. A better government is needed to repair this economy.
With the plummeting economy, companies find themselves having to make layoffs as their sales fall, causing the unemployment rate to rise. As people find themselves having less disposable income, they may struggle to keep up with loan payments and mortgages; which can lead to foreclosures and repossessions. In addition to individuals losing their home the number of bankruptcies increased 36.4 % over the period of 2008-2009 (Marketwire).
Poverty and unemployment run hand in...
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