Facts That Lead To Poverty Th Essay - 1912 Words

Poverty occurs in most parts of the world. Nevertheless, the more serious and problematical poverty takes part in the third world and the southern parts of the globe. First of all, we have to clearly define the word amp;#8220;poverty;. In a broad sense, it means that people within this amp;#8220;poverty; region are poor or have a lower average income per capita than other regions. To a deeper approach, we refer amp;#8220;poverty; as people have low educational backgrounds, lack of food supplies, or people with lower standard of livings, etc. According to the Websteramp;#8217;s New World Dictionary, the word amp;#8220;poverty; can be defined as: 1) the condition or quality of being poor 2) deficiency; inadequacy 3) scarcity†¦show more content†¦This can be explained by the amp;#8220;chain-effect; of poverty and hunger. If people are poor, they wonamp;#8217;t have enough to produce in order to exchange for money. Without money, they will suffer from hunger and famine and not b e able to produce efficiently due to their lack of energy. Now that we can see the problem is magnetized. The other issues that rise poverty in Africa is the irrational economical policies and huge amount of financial debts. amp;#8220;According to U.N. Economic Commission for Africa, the debt-service obligations within African countries dedicating an estimated 34 percent of the income generated by the export of goods and services to interest payments.; (Reeves p.115) We can see that many of the incomes generated by the working forces are obligating for the foreign debt payments. One of the irrational policies that spread hunger in Africa is the structural adjustment program (SAPs): amp;#8230;promoted by the World Bank and other donors. Central to adjustment programs, cuts in government food subsidies have triggered riots in many African capitals during the last several years and have meant that many families are unable to purchase sufficient amounts of bread, sugar, or other basic commoditiesamp;#8230; Throughout the continent, SAPs have called for the reduction of the often-bloated civil service sector, triggering widespread urban unemployment, and have also prescribed repeated currency devaluation, thus reducing the purchasingShow MoreRelatedThe Exploitation Of The Natural Environment986 Words   |  4 PagesDespite the fact that efforts were made in the past to entrench the rights of the people, people are still born into a miserable life with no possibilities of escaping of poverty, while others may inherit fortunes and financial freedom empires. Inequality, like the gap between the rich and the poor, has never been as critical as it is a present. 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