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Poverty: Causes/Effects

Submitted by nevareezy on March 27, 2007

Category: Social Issues
Words: 927 | Pages: 4
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Popularity Rank: 29,509
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Nearly 3,000,000,000 people across the world (that's about half of the world's population) live on less than two dollars per day. About 790,000,000 people in developing countries across the world are chronically undernourished due to poverty. 11,000,000 children under the age of five die each year because of poverty. The United Nations has calculated that the cost of basic needs such as food, education, drinking water, and healthcare for the population of the whole world could be compensated for by just 4% of the accumulated wealth of 225 of the world's richest people. Yet, billions of people are left in poverty each year. How can this be? How could the poor get this poor, and in such vast numbers? There are undoubtedly several reasons to this dilemma, yet the problem seems to only worsen. Although there are numerous causes of why so much poverty exists throughout the world today, a few major causes can be labeled as: lack of education, limited economic choices for the impoverished, and inadequate government infrastructure.
A lack of economic opportunities is one major cause of why so many people are left in poverty, especially in countries which are poor themselves. In many countries where a large percentage of the population is impoverished, capital is a scarcity. People have little or no money to start or maintain a business and are forced to take low paying jobs to survive. Unlike some other countries where people can take out loans, people in poorer countries are left on their own to try to save enough money. This makes it almost impossible to increase their income and break out of poverty. Because of this, families are unable to break out of poverty for years or even generations.
Although education is sometimes taken for granted in the United States, in many countries across the world education is not an option. In some cases, governments cannot afford to build schools because of insufficient funds. However, even when local...

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