Another common cause of the Great Depression is the combination of overproduction and underconsumption. As a result from isolationism and prices dropping, many businesses were producing too much. Because of the low income, business started to lay off workers. Many business failed and countless were left unemployed. Their supply went up but their demand went down.
And inequality is discriminating a person in all spheres of life which gives a rise to sense of deprivation. Again the responsibility shifts to the government, if a government is economically instable then it is hard for it to make and implement policies which will benefit the people. By far the biggest factor responsible for poverty after government’s policy is the problem of unemployment. Unemployment further worsens the living style of the people and they become economically deprived due to which they are unable to cope with the advancing living standards. Access to quality education also causes poverty because without education any person in the world cannot gain access to a good job and that a person has to work on low
He talks about how an economy of a country affects poverty and how it can be eradicated. Galbraith quotes “A vast number of people both in town and country, he noted, had insufficient food, clothing and houseroom; they were: in “overworked and undertaught weary and careworn, without quiet and without leisure.” Large amounts of people do not have adequate food, clothing and shelter. They have been working hard for long hours, doing overtimes but they are not being paid enough. They are not getting the wages they deserve because they are illiterate and lack skills. They are fatigued, miserable, depressed and worried because they don’t have enough money to earn a living for themselves and their family.
There was terrible wealth distribution to the rich were excessively rich whilst the poor where extremely poor. They would work in factories for log hours, which had no regard for health and safety. Therefore, work was very dangerous. They had an unbearable workload to earn a stable living. Due to their poor pay, they would live in cramped and humid houses making them extremely vulnerable to diseases like pneumonia.
The Great Depression not only harmed people economically, but fostered a situation where land and business owners had complete power over workers and the working class had little if any autonomy. Because there was such high demand for jobs, but such little supply, the lives of the middle and lower class began
Today there are many people living in poverty, in local places you see many people sleeping on the streets and trying to make a living where they stand. Poverty is a huge problem in today 's society and it 's not something only a few people have to deal with, one way or another the whole world has to deal with it. Poverty is defined as being in a state where you lack reliable basic needs such as food,water and technology. Where you do not make enough financially to support or help yourself and in some cases even your family. There are different stages in where someone would consider a person to be living in poverty, Some believe it to be when a family is living check to check, day by day and then there are some who would agree that people
The first is blame the poor in which the poor is the main reason for poverty or responsible of causing poverty because of lack of jobs, occupation, degree, schooling, and determination to work. The second one is blame society because some people who are unemployed which is a main cause of poverty and furthermore being unemployed is the major cause of poverty. This
There are around 3.7 million children living in poverty in the UK. Which is more than a quarter of all children. Families with low income tend to have overriding feelings of stress and worry as they try to balance the costs of food, education, healthcare and other basic needs of their family. When these parents try to juggle their finances and pay for basic necessities this can cause problems in relationships between the parents which can lead to inconsistencies within discipline, a lack of love and support, and overall inadequate parenting of the children. For the children, the feelings of unhappiness and stress from their parents may mean that the child may feel isolated and lack attention.
The experience of the Great Depression in the Urban and the Rural American. The Urban American became distressed they were hungry and many were homeless. The rural Americans were pounded by a series of environment catastrophes that made the situation even worse and exposed that the government was powerless. The Urban Americans built makeshift towns outside of towns. They called the makeshifts Hooverville’s.
The reasons for these children 's homelessness may be interlinked with social, economic, political, environmental causes or a combination of any of these. Homelessness represents deprivations from basic human needs. However, while other types of deprivations, such as hunger, mainly occur as a result of poverty and economic insecurity, factors that contribute to homelessness are multi-faceted; the factors also vary by the type of homelessness experienced by children and youth. These factors include lack of affordable housing, economic insecurity, violence at home, behavioral health, lack of social support, and involvement in the child welfare system (Aratani, 2009). In a 1993 report, WHO (World Health Organization) offered the following list