Poverty is one of the main global problems. This grave condition refers to the inability to address the basic needs of people who live in a country. Extreme or absolute poverty, especially in developing countries, poses a serious danger not only for national but also for international sustainable development. In fact, people in many developing countries suffer from poverty that endangers their life. The global poverty problem is especially acute because many developing countries continue to have the cohorts of people whose human rights have been undermined due to the low level of income. In addition, they do not have sufficient opportunities to alleviate poverty. Consequently, it is vital to provide extensive international support to eliminate the sources of poverty in the world. Thus, the problem of poverty has received a particular concern from the international community. This paper focuses on the ways how to overcome poverty by establishing the economic growth and providing state aid to the poor.
Poverty is a global problem that prevents people from having a normal life due to the lack of economic, political, or social resources. The elimination of poverty is an imperative. In order to address it, it is vital to understand the main reasons for the low quality of life which include small income, inadequate property security, bad health, unemployment, and other social injustices. The fact that poverty is predominantly associated with the third world countries does not make the problem irrelevant to highly developed countries. In fact, poverty is also a serious problem for developed countries. The most important factors in solving the poverty problem are the maintenance of economic growth and the provision of state assistance to the poor.
The Causes of Poverty
Poverty in developed and developing countries derives from different sources. Undoubtedly, it mainly affects poor countries. Primarily, it directly relates to the various economic crises in the world. Secondly, social and health factors can lead to poverty. The evidence shows that the most unprotected are people with disabilities, elder citizens, and groups that have a low level of social guarantees (Brady & Burton, 2016). In addition, the demographic factors can also result in poverty. Moreover, people with a low level of education may be affected. In some countries with military conflicts or forced migration, people have no opportunity to work and are forced to experience poverty. In general, uneven development of the regions is the main cause of poverty in third world countries.
There are different approaches to the causes of poverty in developed counties. One of them is the culture of poverty (Reuben, 2015). Supporters of this concept argue that poor people are unable to make changes in their life due to the cycle of poverty (Sevilla, 2015). It means that the attitude towards poverty is passed from one generation to another, which aggravates this problem without a chance to set the new values. Another approach to poverty is determined by a culture of dependence, where the poor are considered as a source of their own misfortunes (Vegh, 2013). In fact, social security programs can become a source of particular mindset which lures people into the poverty trap. Unfortunately, different programs often make the poor cease to rely on their own strength and encourage them to benefit from the society.
Effects of Poverty
Poverty hinders the development of the economy. Namely, it leads to the low purchasin