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. Moreover, it is defined relative to the members of a society and, therefore, differs across countries. People are said to be impoverished if they cannot keep up with standard of living as determined by society. Moreover, it changes over time. As the wealth of a society increases, so does the amount of income
According to Encyclopedia Americana (1989) poverty can be viewed from two different perspectives and these two points of view are: (i) “ moneylessness” which means both an insufficiency of cash and serious inadequacy of resources of all kinds to satisfy and meet basic human needs, such as, nutrition, rest, and body maintenance; and (ii) “powerlessness” meaning those that lack the chances and choices open to them and whose lives seem to them to be governed by forces and persons outside their control. From this, it is seen that poverty has various manifestations which include among others: lack of income and productive resources enough to make sure sustainable livelihood, hunger and malnutrition, limited or lack of access to education, ill health, and other basic services, increased morbidity and mortality from illness, homelessness and inadequate, unsafe and degraded environment and social discrimination and exclusion LITERATURE REVIEW Vital to the clamour for policies and programmes that will reduce poverty is the issue of the conceptualization of poverty. Conceptually, there three dominant views that will be identified as the meaning of poverty in this paper. Aliyu, (2002) has specifically identified the first view that views poverty as a chronic deprivation of some basic human needs at the individual or household level. Put differently, poverty is a material deprivation and this can best be measured and quantified in monetary terms.
Gender and poverty There is more than one meaning of poverty throughout literature, this is because it can be measured in multiple ways. The first definition of poverty is defined as the inability to attain a minimal standard of living which is measured in terms of basic consumption needs or income required to satisfy them (The World Development Report 1990). The Joseph Rowntree Foundations’ definition of poverty is when a person’s resources (mainly material resources) are insufficient to meet their minimum needs (including social participation). Poverty has many aspects besides the material. But if that core is ignored, it becomes impossible to separate poverty from other broader conditions such as lack of wellbeing (Bunnett & Daly, 2014:6).
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.
Although poverty is defined in several forms however, we cannot deny what exactly it means. Poverty is also associated with health. The poor are expanded to higher health risks, have less information and are less able to access health care even zero percent; thus, have higher risk of illness and disability. Apparently, it can reduce learning ability, reduce productivity, reduce household savings & income and suddenly lead to a diminished quality of life, thereafter even increasing poverty (WHO, 2016). As I think ‘poverty’ is something related to human beings and discarded from all the wants.
It also refers to a set standard which is defined in terms of the society in which an individual lives and which therefore differs between countries and over time. Absolute poverty and relative poverty are both valid concepts. The concept of absolute poverty is that there are minimum standards below which no one anywhere in the world should ever fall. The concept of relative poverty is that, in a rich country, there are higher minimum standards below which no one should fall, and that these standards should rise if and as the country becomes
“Poverty” in America greater resembles deprivation rather than "poverty" from a global context. According to Mr. Smith (2015) he defined poverty as, “People and families are considered poor when they lack the economic resources necessary to experience a minimally-sufficient standard of living.” This suggests destitution is more of serious deprivation which is the denial of something “you” may consider to be a necessity such as “internet deprivation” rather poverty. It mainly focuses on the inability to provide food (nutritious food), clothing, and shelter; which can also be classified under poverty, but somehow they shift majority of our focus point to homelessness, unable to eat properly or the type of food you would like to eat, as often as you should and not only fulfilling your basic needs but to fulfill it to “your
In its most extreme form, poverty is a lack of basic human needs such as adequate and nutritious food, clothing, housing, clean water and health services. According to the United Nations Development Report, , “poverty is defined as a complex phenomenon that generally refers to inadequacy of resources and deprivation of choices that would enable people to enjoy a decent living conditions.” According to Amartya Sen, the 1998 Nobel laureate in economics, argues that the “capability to function” is what matters for status as a poor or nonpoor. As Sen put it, “economic growth cannot be sensibly treated as an end in itself. Development has to be more concerned with enhancing the lives we lead and the freedoms we enjoy.” This argument by Sen, underscores that although economic growth is good but cannot be regarded as development. Development has to affect the lives of the
Poverty is defined as the state of being extremely poor or unable to supply basic human needs such as water, food, shelter etc. Poverty is mainly caused by the lack of insufficient distribution of primary resources and the overpopulation such as not being able to meet proper standards of living, education and employment which provides funds to supply food and shelter. There are over 1.2 million charities in the world and about 21,000 people die each day because of hunger related issues. There is so much poverty around the world but the most amounts of poverty and slums are in Africa and India What is inequality? Inequality is known as the
‘Poverty’- a simple word with unlimited connotations. Poverty is a universal issue that has been plaguing our Earth for centuries; thus it is essential that the immensity of the situation is acknowledged by everyone. If looked up, you’ll find the exact definition of poverty being: ’general scarcity, dearth, or the state of one who lacks a certain amount of material possessions or money.  Poverty is a multifaceted concept, which includes social, economic, and political elements.  Poverty may be defined as either absolute or relative.’ Never the less, it’s ironic how in the 21st century we prize ourself for being progressive when almost half of us - over 3 billion people - can’t even conjure up what life is like beyond ‘the poverty trap’ they are in.