- Poverty refers to the condition of not having the means to afford basic human needs such as clean water, nutrition, healthcare, clothing and shelter.
- Poverty is the condition of having fewer resources or less income than others within a society or country or compared to worldwide averages.
- Poverty is denial of choices and opportunities, a violation of human dignity. It means lack of basic capacity to participate effectively in society.
- It means insecurity, powerlessness etc.
- It means susceptibility to violence.
Types of Poverty
- Absolute – severe deprivation
- Relative – contextual definition – economic inequality in a region or society.
Causes of Poverty
- Lack of education
- Large scale import
- Division of agricultural land
- Moral culture – unfair practices to earn money
- Govt policies
- Law and order
- Increase in utility charges
- Imposition of tax
- Non-productive expenditures
- Low living standard
- Backward infrastructure
- Low rate of capital formation
Effects of Poverty
- Child labour
- Crimes and violence
- Health problems
- Shorter life
- Antisocial behaviour
August 28, 2020