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Many Factors Attributed to Poverty

  • Date Submitted: 05/09/2011 10:00 AM
  • Flesch-Kincaid Score: 25.4 
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Poverty is the state of human subsistence where one finds him unable to fullyparticipate in the process of production and fair trade, to earn suitable wages,enough to cover the cost of a healthy & hygienic living in a dignified way. A person inpoverty in not only denied a healthy & productive living standard in present, but he isalso unable to make good use of any evolving opportunity due to lack of adequateresources. Thus even the future generation of a person in poverty is condemned tolive in subsistence. Poverty not only gives an undignified present state of living butalso makes a person bereft of any hope to improve his lot without an external support.
Poverty can be attributed to many factors, each of which may have its own degree ofdistress. Chief causes of poverty are normally cited as lack of education &marketable skills, high growth rate of population, lack of natural resources ofproduction like agricultural land and mines, fiscal imprudence of the government,lack of entrepreneurship or ideas in a society, low rate of capital formation,casteism/racism, lack of infrastructure, inadequate investment or foreign investment,security environment etc. etc. However the most astonishing thing about suchdebates on poverty is that the debate usually shifts to identification of a chiefcause/s & ways to tackle the same. This is basically trivialization of the wholedebate. It may also be pointed out that given the choice to people/policy makers toroot out poverty & say casteism, education or health, a lot of people would like togive much more priority to eliminate poverty. However, the truth is most of them areunable to structure & focus attention on poverty alone & digress to one of thecontributory causes with the result that poverty gets lesser attention. The basicrequirement is the need to understand the theorem or principle of poverty beforesuch a discussion can be conducted & led to its normal conclusion.
Poverty is the result of inability of a society or any...


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