World Bank Poverty

Great Essays
The World Bank defines poverty in many different ways. The first is called economic poverty, and is defined, “when a family’s income fails to meet a federally established threshold that differs across countries. Usually, this is calculated by how much one family makes, not an individual basis, and can be adjusted based on the number of family members.
The next category of poverty is known as absolute poverty, which measures “poverty in relation to the amount of money necessary to meet basic needs such as food, clothing, and shelter.” This concept does not focus on the social inequalities between the rich and the poor of with the general quality of life. Relative poverty is defined by the “poverty in relation to the economic status of other
…show more content…
The United Nations has listed extreme hunger and the eradication of poverty as one of the main priorities of the Millennium Development Goals. The main reason that extreme poverty exists is because many underdeveloped nations lack the resources and the infrastructure to aid their people. Most countries don’t have the means to access services such as medical aid or education and so the government and people have no way of digging themselves out of this hole that they have created for themselves. Widespread poverty exists throughout the world primarily in Asia and Africa. Drought, disease, famine, and food shortages contribute to the extreme hunger in these …show more content…
The Bank Group also raised 22.2 million dollars in 2014 and tried to promote economic growth in third world countries. UNICEF responded to world poverty and hunger by building facilities for around 270 million children who do not have access to proper medical services. Improving the health of these children will allow them to become healthy and nourished, thus allowing them to break the cycle of poverty. UNICEF also encourages young girls to go to school. About 13 percent of girls between the ages of 13-17 in third world countries have never even gone to a proper school. UNICEF believes that, “education is perhaps a child’s strongest barrier against poverty, especially for girls. Educated girls are likely to marry later and have healthier

Related Documents

  • Decent Essays

    Poverty is defined as lacking a socially acceptable amount of money or material possessions according to the Merriam – Webster dictionary. Some would ask what exactly is socially accepted? Is having five hundred dollars in a bank account, make someone above the poverty line? This question cannot actually be answered by the definition of poverty. A quick look at the United States census shows that in 2014, the poverty rate was 14.8 percent, but the amount of people is actually 46.7 million people.…

    • 821 Words
    • 4 Pages
    Decent Essays
  • Improved Essays

    Poverty Capstone Paper

    • 838 Words
    • 4 Pages

    Introduction of Topic The basic definition that the dictionary provides for poverty is “the state of being extremely poor” (CITE). The effects of poverty can be felt in most, if not all, levels of society. In fact there are many leaders and politicians that focus a lot of their campaigns on finding a solution to poverty.…

    • 838 Words
    • 4 Pages
    Improved Essays
  • Decent Essays

    Absolute poverty is like what you see in some countries of the third world. People not getting enough to eat. Not getting clean water, not getting health services or basic education. Not having somewhere decent to live. Relative poverty is having enough to eat, a place to sleep, clean water, basic health care and basic education.…

    • 248 Words
    • 1 Pages
    Decent Essays
  • Superior Essays

    Poverty is an ongoing problem throughout the whole world. Poverty does not discriminate against the victims it targets. Poverty effects men and women, individuals and families, young and old, and all ethnic groups. Poverty is a state, specifically economic state, of being extremely poor, or to lack money. This detrimental factor in life has effected people for many years.…

    • 1847 Words
    • 8 Pages
    Superior Essays
  • Improved Essays

    Poverty World Wide. In the beginning of the 1800s Most people living in poverty were orphans, widows, or too old or sick to work. The rich and wealthy would give the poor food and supplies called an outdoor relief, this really helped the poor. The towns were required to take care of the poor, so the police would sometimes let them sleep in the stations.…

    • 685 Words
    • 3 Pages
    Improved Essays
  • Great Essays

    Poverty In Canada

    • 1992 Words
    • 8 Pages

    Poverty, a burden carried by countless human from all over the globe. What comes along with poverty comparable to a curse are the famines, sickness, conflicts, and corruption, nonetheless, this does not mean masses in poverty must suffer all these ordeals. Poverty is a relative term. To be under the poverty line in a developed nation would be vastly different from in an underdeveloped nation. Let us use Canada as an example, in comparison to a third world country; Kenya, Africa.…

    • 1992 Words
    • 8 Pages
    Great Essays
  • Improved Essays

    Poverty is split into three main groups, cumulative, previous period, and concurrent. The main reasons one might fall into one of the groups of poverty are health problems, illiteracy or even lack of income but the foremost contribution to poverty, in my opinion, is government assistance and social welfare. It is no secret that lower income individuals are more prone to disease and a lower life expectancy. “Moreover, lower SES is associated with each of the 14-major cause-of-death categories in the international classification of diseases, as well as many other health outcomes including major mental disorders.” One of the main problems with health care and individuals living in poverty is job security.…

    • 660 Words
    • 3 Pages
    Improved Essays
  • Improved Essays

    Poverty In America

    • 404 Words
    • 2 Pages

    Across many countries, the word poverty can be defined in very different ways, for what one country may have viewed as poverty in their country in other countries it may be viewed as living in luxuries. That is why each country/nation has different guidelines as to what makes nations or families qualified along that threshold of the poverty line. Thus, what poverty means in one part of the world is when people cannot able to provides for their daily basic needs, such as food, shelter, and clothing. However, in the United States poverty may be judged in an even different manner as to other places in other parts of the world such as Ghana. Therefore, poverty in America can be defined as people failing to live up to America basic standard of living.…

    • 404 Words
    • 2 Pages
    Improved Essays
  • Improved Essays

    Poverty in the United States of America is a controversial topic, the issue of poverty affects everyone nationwide. The United States, societal roles are often depicted and dependent on poverty to keep the scale balanced between the wealthy and the poor. Poverty consists of two words, the word poor, meaning lacking, insufficient and below the norm. The second word society, meaning a large social group sharing the same social or geographic territory. In the year 1990 13.1 percent of America’s population lived in poverty.…

    • 1573 Words
    • 7 Pages
    Improved Essays
  • Improved Essays

    Poor individuals are rarely responsible for their own plight. Instead inequality in society is a key contributor to different levels of class in society. Poverty can have different meanings to different people and different sections of society. However, poverty is typically defined as having little or no money, possessions or means of support. Although it should be noted that there are different levels of poverty and people may fall in and out of poverty at various stages in their life.…

    • 519 Words
    • 3 Pages
    Improved Essays
  • Great Essays

    There is a wide broad definition of poverty, to specify it to one term would be impossible. According to Unesco, poverty is defined in absolute and relative terms. Absolute poverty measures the lack of basic requirement to satisfy our basic human needs. Such as, safe drinking water, food, health, education, information, clothing, shelter and access to services (Unesco, 2016). The other term relative poverty, defines poverty in the economic condition that people lack in order to maintain the standard living in the society.…

    • 1490 Words
    • 6 Pages
    Great Essays
  • Improved Essays

    Despite the substantial growth of the global economy over the past decade, many people are still living below the poverty line. I cannot really speak from the experience of this tragedy, but I have seen people who have suffered from it. For this reason, my idea of being poor is lacking even basic…

    • 1006 Words
    • 5 Pages
    Improved Essays
  • Improved Essays

    Poverty

    • 1096 Words
    • 5 Pages

    Poverty is the worse form of violence” ( Mahatma Gandhi). Poverty affects many people but one thing is certain, it can be fixed. Poverty is a worldwide problem and there are many different reasons people are in poverty. It affects a lot of people, but if we all work together it can be fixed. Poverty, the general scarcity, death, or the state of one who lacks a certain amount of material possessions or money.…

    • 1096 Words
    • 5 Pages
    Improved Essays
  • Improved Essays

    Poverty Of Poverty

    • 1721 Words
    • 7 Pages

    Many believe that poverty only affects countries that are not as well off as others, but this is not true in today’s world. The line between rich and poor is becoming greater every day, forcing the classes to only be lower and upper, with no middle. Although the severity of poverty changes from country to country, it is clear that there is poverty everywhere. A good example of this is the United States, one of the most “advanced” country in the world. Many move to America in search of freedom and wealth, but find a much different system in place.…

    • 1721 Words
    • 7 Pages
    Improved Essays
  • Great Essays

    If people in these developed countries had better jobs they could afford to give their families adequate food and nutrition. An educated populous is also much less susceptible to diseases like measles and HIV/AIDs since they know how to avoid catching these diseases. Uneducated girls are more vulnerable to deadly sexually transmitted diseases like HIV/AIDS. HIV spreads twice as fast among uneducated girls because they are not knowledgeable on safe sex. If children have free access to sexual education they will be less likely to engage in unprotected sex which will lower the amount of people who get infected with deadly STDs like Aids.…

    • 1580 Words
    • 7 Pages
    Great Essays