Poverty has become one of the main issues in our world in the recent years due to its inevitable causes. Many people are uneducated on poverty, and claim that it does not exist in their city or province. This is untrue because poverty is found even in the richest provinces and most extravagant cities. People who might be struggling with poverty in such places are the laborers, construction workers, bus drivers, and tailors, for their wages are too little to satisfy their families’ basic needs like shelter, food, and proper education. Therefore, poverty leads to pauperism, increase in health issues, and even an increase in crime rate.
Let’s consider some causes and effects of this issue. There are two main reasons of the poverty relying on the research of the UNDP of Kazakhstan, such as unemployment and low income. (UNDP Kazakhstan, 2014) The unemployment problem arises because of the low standards of education in our country. Young generation cannot meet the demands of the employees and UNDP Kazakhstan stated: “In recent years, the profiles of graduates from higher and vocational education institutions have progressively failed to meet the demands of the labour market.” (UNDP Kazakhstan, 2014, para. 6) In most cases the qualification or professionalism level does not match the demands, thereby killing the incentive to improve the skills of young people.
During the 19th century, diseases, lack of food, and emigration, mainly caused depopulation. A long-term depopulation is typically as a result of infertility among the people in the society and additionally net immigration rate that does not compensate the increasing death rates. Population aging characterizes this long-term decline in population, and it leads to a rise in the ratio of the retired citizens to workers and the young (Chand et al. 2014). The results of depopulation have a direct impact on the economy of the country that has borrowed too much for repayment by the young generation.
With a declining population, the government’s economy will, too, decline due to the little occupations/participations, low amount of taxes, henceforth increasing the taxes for each individuals (however, mentioned previously, this may be a better solution). And lastly, the possibility of local residents traveling far to apply for the occupation in which one wishes for very likely due to the fall of employment (government.nl). This is what worries most governments, however, there more factors in which should be taken into consideration. Stated previously, taxes are more likely to increase for individuals in Germany due to increase of dependency ratio. Henceforth, individuals born in a year where the population has an uneven number of children, working age group, and retired people, they have the responsibility to pay more taxes for the abundance of retired elders.
Unemployment in Spain The financial crisis of 2007-2008 has affected the whole world in some or the other way at different time periods. Especially the europian countries have seen adverse effects, they have faced huge debts and seen the housing market collapsed. Among all the nations it is spain that has been most adversely affected. The unemployement has staggered and 20%of overall unemployement and 50% of youth unemployement. Issues in labor markets, no systematic benefit system and lack of government spendings in important areas are seen as the major reason for such astronomical figures of unemployement in spain.
Due to the widespread corruption, the economy of Zimbabwe has declined significantly which result in increasing the poverty and the unemployment rate. However, it is crucial to stress that Zimbabwe is not just a country which only experiencing a normal recession during the global economic crisis. On the contrary, it is a country with severe market inefficiencies which result in a critical economic depression for the past 10 years. http://africaecon.org/index.php/exclusives/read_exclusive/1/2 The existence of rampant corruption in Zimbabwe has led some people to suggest that Zimbabwean are corrupt by nature. This is not true because there is
• Overpopulation • Lack of resources • Lack of skills • Lack of materials • Lack of education • Poor governance • Corruption • Favouritising a certain group of people These are all the faces of the poverty in South Africa. Social issues such as over population, which is defined as having too many people with too little resources and too little space. This therefore creates a stress on the availability of the resources as there is not enough for the amount of people. In South Africa, women have an average of 5.5 kids, and the president, Jacob Zuma, has 21 children. There are 54 million people in South Africa, with 4.7 million unemployed which then leads to crime rates increasing as more people become desperate to survive.
financial assistance is important in promoting entrepreneurship it is not a sufficient condition. Beyond this, a more comprehensive environment must be facilitated Young people deserve the chance to impact on society, as well as to create stable futures for themselves, via the means of enterprise. However, youth often find themselves disadvantaged, especially when attempting to embark on entrepreneurial endeavours. The lack of finances and resources available, as well as an unfortunate and devastating lack of support from educational and governmental structures means that young people often find entrepreneurship a sector simply too difficult or even impossible to break into. a) Insufficient knowledge, inspiration and skills: Among the main
Shrinking labour force are also due to the rapid technological change. Rapid technological change will leads to a shortage of workers with needed skills. The employees neither had time nor chance to put resources into these abilities. Another clear reason for the shrinking workforce is the low birth rates and the higher life expectancy among countries since 2000, which influence straightforwardly on the creation, standard of life and social security. Less individuals joining the workforce is likewise one reason for the decreasing labour force.
In Africa, youth unemployment rates have skyrocketed at almost 30%. This means that 30% of the youth population that is actively seeking a job can’t find one. Africa is currently a continent that is trying to recover from decolonization and become a place that can support the needs of its people. With the youth unemployment rate on the rise, this is becoming a task that is getting harder to tackle. Without jobs, the youth are living an undesirable life and will grow up to be poor just like they saw their parents live.