Causes of Poverty:
The main causes of poverty are:
- Lack of education
- Exploitation throughout history (slavery, taking advantage of a colony and its resources),
- Being unable to deal with damage of a natural disaster or disease,
- A corrupt or unstable government taking from its people, using international aid for itself, or allowing international businesses to work unregulated,
- War that is cost effect, damages the land, and displace its people
- Corporate Greed/ The 1% taking advantage of the poor to get richer
- Inequality discrimination and/or depravation of human rights of certain groups of people
Types of Poverty:
Absolute Poverty – Lacking the basic necessities of life
Relative Poverty - Poverty relative to a certain country,
…show more content…
The LICO is the amount of income needed for the basic necessities of life based on population and family size. If the person or family is spending more than 50% of their income on necessities, then they are considered to be in poverty in Canada. For example, if Joe makes an income of $20,000 per year and the LICO is for 1 person, based on his city, is $15,000 Joe is considered to be in poverty. Although he may have a job and house Joe is in poverty because he is living below the standard of living within his city.
Absolute poverty is measured globally, and is based on dollars per day. The global poverty line is $1.25 per day. If anywhere in the world you are living on less than this, you are in absolute poverty.
Global Poverty: The most poverty occurs within third world or developing nations. They most commonly have absolute and generational poverty. These countries do not have the resources to aid their people and need to borrow money to stay afloat. Many children in these countries cannot get out of poverty and have higher death rates. Often people of the third world countries are forced to work in sweatshops, even children. Some business pay workers wages as low as 1 cent and they work more than 40 hours a week. They have to work in awful conditions but do not have any other options. These countries are usually exploited due to low government