Around the world, poverty seems to be a common problem for almost every nation. In some cases, there are countries who have the majority of the population in the considered poverty level, while other countries have a very small or no portion of poverty in their country. For example, third world countries struggle tremendously off of basic necessities like food and sometimes shelter. Compared to the United States, a first world country which is one of many others around the world, still struggles with homelessness, and people who live with either little income or none at all. The question is if a first world country such as the United States still has people who struggle in its nation due to income, why hasn't there been anything done, knowing …show more content…
To fix this issue, companies should look to hire more people who are jobless or of low income because it helps stimulate the socioeconomic paradigm in reducing levels of poverty, decreasing amounts of health risks, and strengthening the nation's overall democracy.
Reducing the poverty levels in the U.S. will benefit the overall well being of the country’s economy. It's essential to have a good economy because that leads to the growth and production of a nation. Currently the U.S. has a steady economy, “The initial reading on third quarter growth was 3.0%. That marks the best growth since 2014 when the economy grew 5.2%” (Gillespie). Poverty issues in the United States can cause complications later on in the future for the nation and its upcoming generation of children. When a child is in a household of low income, or at the poverty line it affects the development of their brain, “ Researchers scanned the brains of more than 1000 children aged three to 20 years old, taking genetic factors into account, finding out that children’s cerebral cortex tended to expand as family income rose.” (sample). The