Introduction
Poverty is a complex social issue that affects millions of people worldwide. It is a condition characterized by the lack of resources necessary for basic human needs, such as food, shelter, and healthcare.
Causes of Poverty
- Lack of education
- Unemployment
- Low wages
- Health issues
Effects of Poverty
- Malnutrition
- Homelessness
- Lack of access to healthcare
- High crime rates
Case Studies
For example, in sub-Saharan Africa, almost half of the population lives on less than $1.90 a day. In the United States, more than 10% of the population lives below the poverty line.
Statistics
According to the World Bank, over 700 million people lived in extreme poverty in 2015, defined as living on less than $1.90 a day. In 2018, 8.5% of the world’s population was living in extreme poverty.