The more ‘developed’ a country is, the more money it is capable of making. So in talking about poor countries, we are talking about Less Economically Developed Countries (LEDCs – This is a better term than ‘the developing world’, as some poor countries may not actually be developing, but standing still or even shrinking.) In asking ourselves why some countries are poor, what we need to work out is why they are not developing. And there are several reasons, with geographical, political, and cultural factors all coming in to play. Overpopulation Overpopulation is defined as the situation of having large numbers of people with too few resources and too little space.
Illiteracy rates are mostly high in rural areas because the government can’t afford to improve school facilities. Without education, people won’t be able to find jobs and will never escape from poverty. Another effect of lack of education is lack of family planning. Uneducated people will have so many children (that they can’t support), and this will result in overpopulation- which is one of the main causes of poverty. It’s a massive problem because these kind of families only earn a small amount of money.
In developing countries with rapid population growth, there tend to be different levels of income and poverty. Countries in this situation have more poor people and are impacted more by social and environmental ills (Leiwen 37). Countries also tend to correspond with each other often and connect for different things. For example, many people migrate to other countries. Even one country’s overpopulation can cause problems with other countries because world overpopulation threatens the security of all nations (Mumford 17).
Birth rates are generally high in the order of 30-40 per 1000 whereas those for advances countries are less than half that figure. An important consequence of high birth rate is that a larger proportion of the total population is in the yohnger age groups. This leads to a higher economic dependency burden on those that are employed. With many dependants to support, it becomes diffucult for the workers to save and invest in productive
There are many reasons for the economic well suffrage, but the most vulnerable people, a permanent poverty trap people, of course, is that people who are lack of capital like physically and financially resources. Physical resources imply the economic resources, land, buildings, and inputs, from which livelihoods are derived and financial capital implies the capital with which to acquire the physical resources. To many, the root cause of the poverty trap is not the constraint on physical resources but the financial constraints or credit constraints that prohibit the acquisition of those resources to poverty-escaping scale (Calum, 2007). The relationship between food insecurity, hunger, poverty and low productivity in food and crop production is increasingly understood that hunger leads to low productivity which in turn contributes to food insecurity. Reducing the incidence of hunger is essential to increase agricultural productivity and achieve higher rate of economic growth.
However, the unprecedented levels of unemployment in South Africa combined with large number of “working poor” makes achieving food security challenging. The South Africa’s extensive social assistance programmes are recognised to contribute to reducing food insecurity and act as an important safety net for most poor and vulnerable households. Although the state has an ambitious plan to enhance employment in South Africa, mainly through short term public employment programmes, these are low paying jobs and hence cannot contribute effectively to addressing food and nutrition security. A further challenge is that fewer people in South Africa rely on access to land and involvement in agriculture to grow food for own consumption. Other challenges affecting food and nutrition security include high prices and the main concern is food price inflation that often exceeds the general inflation.
Scarcity is also a cause and an economic problem that arises because people have unlimited wants but resources are limited and the scarcity in goods and supplies really affects the production and distribution of food and necessities because there are only limited supplies of things that can be allotted and allocated in a particular place. Another cause was the reduced demand for service, wherein there are limited services offered in a particular country. Also, another cause was the stock market decline or the stock market downturn, which affects the stock market and the exchange market. (Van Ours,
Definition of Food security - nation ability to provide sufficient food for its population without being overly reliant on outside nations Droughts, floods and other climate change activity may worsen the food situation. This will mainly affect poor countries and countries that rely on food imports. The Gulf region is especially weak because most of its food is imported. However, the UAE is working to develop the local
Indian economy is a compound but generally a developing economy. The development of the Indian economy is largely slowed down due to various loopholes in our system. These include • Population explosion and unemployment • Inflation • Poor infrastructure • Inequality • Unbalanced payments • Ineffective laws and reforms These factors that are impairing the development of our economy is the reason why India is still a developing country and not a developed country. Our country also falls under the lower strata of low income economies. This slowdown is also reason for the deterioration of the value of Indian currency.
First factor that cause rising crime in Malaysia is poverty. Basic needs such as house, healthcare, education and employment may force individual in this category to commit crime. (Asad Ullah, 2013) Since most of Malaysians receive an average or median monthly income, the reality of poverty does not reflect obviously in our country. For example, earning a monthly income in a village area may give someone able to live comfortably, while the same amount of income however may not be sufficient for those who live in big cities due to high cost of living. Income inequality caused by imbalance of economic development and the lack of job opportunities due to the slow and instable economy has contributed to poverty and the increase of social aliments.