Poverty And Economic Growth

Improved Essays
These countries need to focus on growth policies. Like India’s most recent development plan has 2 main goals to achieve. One is enhancing economic growth and making growth more inclusive. These countries need to make policies that helps them do proper utilization of the resources they have in their nation like human resources, natural resources and other.
Income levels is one of the major indicator of economic growth. In other words, Lower income implies low standard of living which affects both mental and physical health of the people within the economy. In the countries where people have lower income, they would not be able to afford better lifestyle includes well constructed houses, healthy food, appropriate clothing to protect their body
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Human resources are the most precious resources that one country can have and this resources is so powerful to transform a country’s growth and productivity. Like USA, great minds like Steve Jobs founder of Apple, Mark Zuckerberg, founder of Facebook and other big and powerful companies come from this nation which contributed a lot in making a country well developed and wealthy. But unfortunately, poverty suffered countries could not support their citizens to gain proper education and skills to become capable enough to support their nation. Due to lower income levels or GDP, Government of poor countries could not afford the good public schools especially in rural areas and poor people can not afford to send their kids to private schools. Due to this, rural kids compromise their education. They are not able to get themselves ready for high skilled jobs and since their parents can not afford their education, kids are forced to join the low skilled and low paid jobs in early ages. This implies that poverty not only deprive the poor family kids from education but also encourages child labor. Negligence of the government of these countries widens the gap between rich and poor. In some south Asian countries like Pakistan and Bangladesh, they do have government schools for kids who can not afford education from expensive private schools but these …show more content…
Natural Disasters include flood, earthquake, drought, hurricane and volcanos. These natural destroys people’s life completely. Drought or flood are powerful enough to destroy the years of income in a blink of eye. For poor people it is even harder to recover. Research says, that developing countries are more prone to the risk of natural disasters than developed countries. Since developing countries are already struggling to manage their resources, they can not afford to take measures to prevent or mitigate these natural disasters. Subsequently, their inhabitants also often lack the ability to cope up or recover from such hazards. In some developing nations, poor housing, lack of health benefits and infrastructure put nearly one billion of urban people living in informal settlements at the risk of disasters. In regards to the prevention of the nations from natural disasters , CARE international comes to the role. CARE is a major international humanitarian agency delivering emergency relief and long-term international development projects. In Vietnam, for example, CARE assists communities in planting mangroves, which not only protect their villages from typhoons but have significant environmental benefits, including controlling erosion and nurturing fisheries. In India CARE constructed water supply points to withstand

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