Poverty

Poverty is general scarcity, dearth, or the state of one who lacks a certain
amount of material possessions or money. It is a multifaceted concept,
which includes social, economic, and political elements. Poverty may be
defined as either absolute or relative. Absolute poverty or destitution
refers to the lack of means necessary to meet basic needs such as food,
clothing and shelter. Relative poverty takes into consideration
individual social and economic status compared to the rest of society.

After the industrial revolution, mass production in factories made production goods increasingly less
expensive and more accessible. Of more importance is the modernization of agriculture, such as
fertilizers, to provide enough yield to feed the population.[4] Responding to basic needs can be
restricted by constraints on government's ability to deliver services, such as corruption, tax avoidance,
debt and loan conditionalities and by the brain drain of health care and educational professionals.
Strategies of increasing income to make basic needs more affordable typically include welfare, economic
freedoms and providing financial services.

Poverty reduction is a major goal and issue for many international organizations such as the United
Nations and the World Bank.

Causes of Poverty
The causes of poverty include changing trends in a countrys economy, lack of education, high
divorce rate which causes feminization of poverty, having a culture of poverty,overpopulation,
epidemic diseases such as AIDS and malaria,[1] and environmental problems such as lack of
rainfall.[2][3]
The United States reduced poverty in the elderly with the creation of the social security program[4]
Almost 50 percent of people in the world today live on less than $2.50 per day.[5]

The poverty rate among seniors in the United States is at 9 percent as of 2010.[citation needed] In 1960
the official poverty rate among the elderly was 35 percent.[6] The Netherlands offers a universal
pension and leads the world with a 1.7 percent poverty rate among the elderly.[citation needed]
Extreme poverty may affect the lifespan and the lack of money via some type of pension system
increases the poverty rate among the elderly worldwide.[7]

The effects of poverty

The effects of poverty are serious. Children who grow up in poverty suffer more
persistent, frequent, and severe health problems than do children who grow up under
better financial circumstances.
Many infants born into poverty have a low birth weight, which is associated with
many preventable mental and physical disabilities. Not only are these poor
infants more likely to be irritable or sickly, they are also more likely to die before
their first birthday.

Children raised in poverty tend to miss school more often because of illness.
These children also have a much higher rate of accidents than do other children,
and they are twice as likely to have impaired vision and hearing, iron deficiency
anemia, and higher than normal levels of lead in the blood, which can impair
brain function
Poverty In India
Poverty in India is an important issue in India. With one of the fastest growing economies in
the world, clocked at a growth rate of 7.6% in 2015, India is fast on its way to becoming a large and
globally important consumer economy. According to Deutsche Bank Research the estimates are
nearly 300 million people for all Middle Class.[1] If current trends continue, India's share of world GDP
will significantly increase from 7.3 in 2016 to 8.5 percent of the world share by 2020.[2] In 2011, less
than 22 percent of Indians lived under the global poverty line, nearly a 10 percent reduction from
29.8 percent just two years prior in 2009.[3]

Poverty in India is a historical reality. From late 19th century through early 20th century, under British
colonial rule, poverty in India intensified, peaking in 1920s.[11][12] Famines and diseases killed millions
each time.[13][14] After India gained its independence in 1947, mass deaths from famines were
prevented. Rapid economic growth since 1991, has led to sharp reductions in extreme poverty in
India.[15][16] Howeve We believe that in order to end poverty, we must empower women to transform
their lives.

We do this through business training and mentoring, and we're good at it.r, those above poverty line
live a fragile economic life.[17]