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Allison
Knowledge Seeker
Asked: 2023-08-06T05:44:13+00:00 In:

What are some factors contributing to poverty?

We have so many people in this world that are so poor.

WHAT ARE SOME OF THE FACTORS CONTRIBUTING TO POVERTY?

There are several factors contributing to poverty, including limited access to education, healthcare, job opportunities, and resources.

There are so many people out there that choose to be poor. Why I’m i saying this? Because most of them have 2 hands but refuse to use them and work, that aside, most of them are using a very costly smartphone, why not troll online and find something doing that will fetch you money.

Guys, if we’re broke, please let’s not sit and watch our parents, let’s make money in any possible way online

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5 Answers

  1. yusra
    Trusted Adviser

    Here are some key factors that contribute to poverty: Unemployment and low incomes - Lack of job opportunities or well-paying jobs keeps income levels low for many individuals and families. Cost of living - When basic expenses like housing, utilities, medical care, and food are high relative to incoRead more

    Here are some key factors that contribute to poverty:

    • Unemployment and low incomes – Lack of job opportunities or well-paying jobs keeps income levels low for many individuals and families.
    • Cost of living – When basic expenses like housing, utilities, medical care, and food are high relative to income, it leads to financial strain.
    • Discrimination – Racial, gender, and other discrimination can limit economic opportunities and income potential for certain groups.
    • Disabilities and illnesses – Those facing physical or mental health challenges often have very limited incomes due to inability to work.
    • Poor access to education – Lack of access to quality education limits career prospects and future income potential.
    • Intergenerational poverty – Children born into poverty often face significant obstacles to economic advancement.
    • Weak economic growth – Stagnant or declining local economies and industries inhibit job creation and income growth.
    • High debt levels – Money diverted to debt repayments limits the ability to acquire assets or make other productive investments.
    • Lack of assets – Without assets like real estate, investments, or savings, unexpected expenses can prolong the poverty cycle.

    Poverty is complex and addressing it requires a mix of short-term relief as well as long-term policy solutions addressing root causes.

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  3. spencer
    Enlightened Mentor

    I honestly think lack of quality information is the reason most people stay poor, you might have the potential and the risk apetite and even the capital to get started but if you don't have the information on what to do you'll definitely wallow in poverty. Information could be either formal or inforRead more

    I honestly think lack of quality information is the reason most people stay poor, you might have the potential and the risk apetite and even the capital to get started but if you don’t have the information on what to do you’ll definitely wallow in poverty.

    Information could be either formal or informal education, the medium doesn’t really matter that much, but to eradicate poverty quality information should be properly disseminated.

     

     

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  4. Mhizta Yan
    Active Contributor

    No body want to to be poor neither do anyone wants to be referred as poor person but there's some circumstances whereby you can't help. For example lack of employment, someone that doesn't have anything to do in other to afford his or her need can contribute to the causes of poverty. Laziness and diRead more

    No body want to to be poor neither do anyone wants to be referred as poor person but there’s some circumstances whereby you can’t help.

    For example lack of employment, someone that doesn’t have anything to do in other to afford his or her need can contribute to the causes of poverty.

    Laziness and disability: if someone is not willing to work to Carter for himself or the person is unable to work(disable).

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  6. Precious
    Knowledge Seeker KIDI CARE

    In my own sight of view, being poor is not something someone planned, we all understand our recent state I mean lack of employment opportunities, this is our major cause of poverty. So sad, sometimes people cause their fellow people to be poor, this may come in any angle of people including our famiRead more

    In my own sight of view, being poor is not something someone planned, we all understand our recent state I mean lack of employment opportunities, this is our major cause of poverty.

    So sad, sometimes people cause their fellow people to be poor, this may come in any angle of people including our families, I don’t want to go deep on this family own.

    Some people are poor because they feel that working or hustling is too stressful and hard to handle.

     

     

     

     

     

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  7. Mika
    Expert Mind

    Unemployment is one of the main reasons for poverty. Unemployment is a result of a lack of education, training, and skills. If you do not have the knowledge and skills to work, how can you generate income? When you cannot generate income, you will become poor. If you look at the countries where therRead more

    Unemployment is one of the main reasons for poverty. Unemployment is a result of a lack of education, training, and skills. If you do not have the knowledge and skills to work, how can you generate income? When you cannot generate income, you will become poor. If you look at the countries where there is poverty, you will see they have poor literacy rates. Armed conflict and terrorism are also some of the major reasons for poverty.

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