Families with limited or without resources cannot earn
sufficient income that can provide the minimum
nutritional requirements for daily living and the basic necessities of clothing and shelter. Prevents the families experiencing poverty in attaining the minimum level of consumption for subsistence living. Poor families are faced with limited economic opportunities; hence, they have limited schooling and they are often unskilled and cannot find decent and sustained employment. 1. Absolute Poverty Lack of income to buy the basic food and necessities for subsistence living. This is measured in terms of poverty threshold and poverty incidence. a. Poverty threshold – is the income needed to purchase these minimum nutritional requirements and other basic necessities for daily survival. b. Poverty incidence – is the proportion of households in the country with family income lower than the poverty threshold or poverty line. 2. Relative Poverty Refers to the structure on how the national income is being distributed among households in an economy. Absolute poverty – free meals, housing, and adequate clothing. But these measures are temporary gap measures and do not provide long term solutions to the problem of poverty. Provide resources which include: * Credit * Skills and entrepreneurial training * Cash transfers All these measures have to be implemented together for households to graduate from the poverty status. *If poor households are given a resource like a livestock or a sari-sari store without the other interventions there is a chance that the resource-enhancing program may not succeed. Relative Poverty – measures like progressive taxation, income transfers, and other programs meant to improve the income distribution can be implemented. * Discounts given to senior citizens in their purchase of goods and services is a program meant to alleviate the limited income of senior citizens who are mostly retired individuals. *Subsidies and grants given to students from poor households so they can enroll in state universities and colleges . *Nonpayment of income tax below a certain income threshold. 27 million in 1960 and In 2015, the population reached 102 million people increased by 75 million for 65 years. The country is now considered the twelfth (12th) largest country in the world. Rapid population growth will reduce the available land per person and can put a toll on productivity of the agricultural sector. Burden on the government to provide the social services including education, health, and housing. Allocating a larger proportion of its budget for social services it is left with limited funds for other investments and infrastructure development. Can also strain the environment as the expansion of people demands more land for housing and other economic activities. On the other hand, Increases population imply additional consumers and savers of productivity, creativity, and entrepreneurship. Surplus labor brought about by rapid population growth can move temporarily or permanently to countries experiencing slow population growth and deficiency and labor services.