Global Poverty

Poverty is much more than economics, hunger and homelessness. It is state of life affecting all the things. It is the real social phenomenon which affects the lifestyle.

It is most commonly defined by economic standards which are based on income levels.

Measurement of extreme poverty lies at $1.25 a day, with the next lowest measure of poverty standing at $2 per day which is agreed internationally. But the measure problem occurred to decide the poverty rate as the price levels are very different in different countries. So, it is important to know that the poverty lines are very low. Indeed, they are the extreme poverty lines.

It is a concept that includes all economic, political and social elements. Absolute poverty generally means the lack of ability to meet basic needs such as food, clothing and shelter.

Nearly half of the world’s population i.e. approximately around 3 billion people live on less than $2.50 per day.

More than 1.3 billion people live on $1.25 a day which means in utmost poverty.
One billion worldwide children live in poverty. According to the United Nations Children's Fund, around 22,000 children die due to poverty each day.

805 million people don’t have enough nourishment/ food to eat.
Approximately 750 million people lack adequate access to clean drinking water.
This means access to clean water and nutritious food is insufficient.
There is a lot of unemployment that means people are not getting jobs. Many educated people are not having jobs. Job is the mostly acquired way to make money.

1/4 of all humans live without electricity.

1/3 of deaths i.e. about 50,000 people per day are due to poverty related issue.

Due to rise in the cost of living, poor people become less able to afford the things, food items. Due to this a lot of people go to bed hungry at the night. It also can cause malnutrition which may lead to death.

Due to poverty, many of the people can’t afford education for their children. And due to lack of the education, people are not getting paid. Due to this chain, poverty increases.

Conflict can also cause poverty in many ways. Conflict can cause damage to institutions; can cause destruction of valuable things, as well as can break communities and social networks. Also it can cause increase in prices which is nothing but inflation and unemployment. Undeveloped and developing countries require a lot of efforts to escape from conflicts.