Poverty is a multifaceted issue that affects millions of individuals and families worldwide. It goes beyond the mere absence of financial resources; it encompasses a range of factors that restrict access to basic necessities, services, and opportunities. To truly understand poverty, we must consider its definitions, causes, and the profound impact it has on individuals and communities.
At its core, poverty can be defined in absolute and relative terms. Absolute poverty refers to a condition where individuals are unable to meet the minimum required for survival, typically measured by a specific income threshold. In contrast, relative poverty takes into account the economic status of individuals relative to the wider community. This means that someone might be considered impoverished if they cannot participate in the standard of living enjoyed by the average person in their society.
The causes of poverty are complex and interconnected. Economic factors, su…