INTRODUCTION In recent years there has been great progress in reducing poverty in the world. In 1990, lived 38% of the world 's people live in extreme poverty. Today the figure is 10% and that means that the proportion of extreme poor in the world has declined by over two thirds in 25 years. Overall, this means that there are 1 billion people fewer living in extreme poverty today than in 1990. The good news is that today is the first time that both the number and proportion of extreme poor declining in all parts of the world simultaneously.
Sociologists have questioned the irregularities of wealth distribution across different countries over a period of time. Researchers have measured poverty as either absolute or relative. Absolute poverty involves a judgment of basic human needs and is measured in terms of the resources required to maintain health and physical efficiency. Majority of the measures of absolute poverty are concerned with establishing the quality and amount of food, clothing and shelter which are deemed necessary for a healthy life. Absolute poverty is also referred to as subsistence poverty because it is based on the system of assessment of the minimum requirements for the subsistence of the human body.
Relative poverty considers the status of each individual or household in relation to the status of other individuals, households in the community, or other social groupings, taking into account the context in which it occurs (i.e. their position within the distribution of that population). Relative poverty typically changes spatially and temporally, and measures of relative poverty are therefore not necessarily comparable between locations (due to the differing social stratification between communities) or over time. The relative approach examines poverty in the context of inequality within a society, though they should not be conflated. According to FAO (2006) it is the condition in which people lack the minimum amount of income requirements in order to maintain the average standard of living in the society in which they live.
Poverty is a term that concentrates on those who have the least money or other resources or, as Ridge and Wright (2008) argue, it is ‘a situation of extreme disadvantage experienced at the bottom of the social and economic scale’. Yet poverty is more than being at the bottom of the income scale; it describes individuals and families who have inadequate resources to secure what is deemed a reasonable, or expected, standard of living within a given country. The Joseph Rowntree Foundation (JRF) working definition of poverty is: ‘When a person’s resources (mainly their material resources) are not sufficient to meet their minimum needs (including social participation)’ (Goulden and D’Arcy,
Poverty can be defined as a lack of material resources to meet the human needs and be able to live comfortably. Also, the economy of a country can be affected by international factors and internal factors. However, to define what is poverty, we must first analyze the socio-economic part of each region to see the lifestyle that predominates population. In social stratification, it is defined as the division of the people who make up a society in different groups arranged hierarchically. As a result, the poverty rate in the United States has increased in recent years.
Absolute poverty refers to a prolonged deficit in some human basic needs that the person’s life becomes endangered (Poverties org, 2011). For a person to be classed as being absolutely poor they would have to meet a certain criteria, for example, the World Bank uses a monetary method to classify a person as being poor or not. If a person spends less than $1 per day they would fall below the poverty line for international comparison, then they would be classified as being absolutely poor by
Poverty is defined as the state of being extremely poor.Considering that America is a free, independent, and wealthy nation, the poverty percentage shouldn’t be as high as it is today. The problem emerges from businesses not hiring the needy, which in return causes Americans to be impoverished. In today’s time, the stereotypical proper person to hire is always hired and
Poverty is a problem of a state in their developments which is multidimensional because in overcome the problems are not limited to the matters concerning the causal link involves the emergence but also preferences, values and politics. Poverty is not just an issue for developing countries, even developed countries also experienced poverty, although not as big as the state develops. The problem is the same but different dimensions. The issue of poverty in developed countries is the smallest part in their community components but for developing countries the issue becomes more complex because of the number of poor people for nearly half of the total population. There are even very poor countries have large numbers of poor people exceeds two-thirds of the population.
In general, this refers to the income gap between the rich and the poor. Firstly, it is necessary to distinguish between what is called absolute poverty and relative poverty or income inequality. Absolute poverty is where people do not have sufficient access to food, shelter, and clothing to provide a basic level of physical and mental development. Absolute poverty levels can be compared across countries. Relative poverty is an income inequality measure whereby an arbitrary income level is set as the level below which people in the particular country are considered to be poor.