Scribd
Upload
5 views

POVERTY2

All you need to know about poverty

Uploaded by

Regina Oduka
Copyright
© © All Rights Reserved
Available Formats
Download as PPTX, PDF, TXT or read online on Scribd
5 views

POVERTY2

All you need to know about poverty

Uploaded by

Regina Oduka
Copyright
© © All Rights Reserved
Available Formats
Download as PPTX, PDF, TXT or read online on Scribd
You are on page 1/ 5

POVERTY

A COMPREHENSION APPROACH TO UNDERSTANDING POVERTY


Introduction to Poverty
 Poverty is the state of having insufficient financial
resources to meet basic living necessities such as
food, shelter, and healthcare.
 In 2022, a total of 712 million people globally were
living in extreme poverty, an increase of 23 million
people compared to 2019.
 Despite enormous gains in the wellbeing and
economic circumstances of hundreds of millions of
people, 10% of the world’s population still live on
less than $2 a day. High population growth traps
individuals, communities and even entire countries
in poverty. Achieving sustainable population levels,
locally and globally, helps people achieve the
dignity and standard of living we all deserve.
Poverty is not a consequence of limited global
resources, but political and economical injustice. It
is usually caused by: economic inequality, lack of
education and employment opportunities, political
instability and corruption, natural disasters and
health crises.
Solution to Poverty
Addressing Poverty: Effective Solutions

 Addressing poverty requires a multi-faceted approach encompassing various sectors and


strategies:
1. Education: Ensuring access to quality education is fundamental. Programs that provide free or
subsidized schooling, vocational training, and adult education can empower individuals with
the skills needed for better-paying jobs, thus breaking the cycle of poverty. Scholarships and
financial aid are crucial in supporting disadvantaged students.
2. Economic Growth and Employment: Creating job opportunities through economic policies
that encourage investment in various sectors, particularly in underserved areas, can
significantly reduce poverty. Support for small and medium-sized enterprises (SMEs) through
grants, low-interest loans, and business training helps create jobs and stimulates local
economies.
3. Healthcare Access: Affordable and accessible healthcare reduces the financial burden of
medical expenses on low-income families, allowing them to allocate resources to other
essential needs. Health initiatives that focus on preventative care, maternal and child health,
and combating diseases prevalent in poverty-stricken areas are vital.
4. Social Safety Nets: Robust social safety nets, including food assistance programs,
unemployment benefits, affordable housing, and childcare support, provide essential resources
to those in need, ensuring a minimum standard of living and preventing extreme poverty.
5.Microfinance: Microfinance initiatives offer small
loans and financial services to the poor, enabling
them to start or expand businesses. These programs
can empower individuals, particularly women, to
become economically self-sufficient and contribute to
community development.
6.Agricultural Development: Investing in agriculture

through improved access to land, credit, and


technology can increase productivity and incomes for
rural populations, where poverty is often more
pronounced.
7.Governance and Corruption: Strengthening
institutions and reducing corruption ensures that
resources are effectively used and reach those in
need. Good governance promotes transparency,
accountability, and inclusive development.
These solutions, when implemented together, can
create a sustainable pathway out of poverty.
I n conclusion, my presentation addressing poverty requires a multifaceted approach encompassing
education, economic policies, healthcare access, social safety nets, and microfinance. Each of these
solutions plays a crucial role in creating opportunities and providing the necessary support to lift
individuals and communities out of poverty. However, the fight against poverty is not solely the
responsibility of governments and institutions; it requires collective effort from all sectors of society,
including businesses, non-profits, and individuals. By working together and remaining committed to
these strategies, we can create a more equitable world where everyone has the opportunity to
thrive. Ending poverty is not just a moral imperative but a necessary step toward sustainable global
development. The path is challenging, but with concerted effort and unwavering resolve, a future
free from poverty is within our reach.

You might also like