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When poverty is prescribed agency, poverty becomes something that happens to people. Poverty absorbs people into itself and the people, in turn, become a part of poverty, devoid of their human characteristics. In the same way, poverty, according to Green, is viewed as an object in which all social relations (and persons involved) are obscured.
Each nation has its own threshold for absolute poverty line; in the United States, for example, the absolute poverty line was US$15.15 per day in 2010 (US$22,000 per year for a family of four), [22] while in India it was US$1.0 per day [23] and in China the absolute poverty line was US$0.55 per day, each on PPP basis in 2010. [24]
Extreme poverty projection by the World Bank to 2030. Using the World Bank definition of $1.90/day, as of 2021, roughly 710 million people remained in extreme poverty (or roughly 1 in 10 people worldwide). [30] Nearly half of them live in India and China, with more than 85% living in just 20 countries.
Concentrated poverty is a global phenomenon, with examples visible in both developed and developing countries. According to the Brookings Institution, post-industrial revolution growth has spread unevenly between and within countries, with many developing countries likely to still have regional examples of extreme poverty. [25]
Specifically, the poverty rate, in 2019, was most notable in the younger age category of 18 to 24 years old, of which 17.1% were males versus 21.35% females. [59] Children were, as a group, most affected by poverty between the period, 1990 and 2018. Between 2000 and 2010, the poverty rate increased. A dip of 14.4% was later noted in 2019. [60]
The concept of human development expands upon the notion of economic development to include social, political and even ethical dimensions.Since the mid-twentieth century, international organisations such as the United Nations and the World Bank have adopted human development as a holistic approach to evaluating a country’s progress that considers living conditions, social relations ...
The more literate and informed a population, the more influences and cultures they have available as role models, and the more motivated its members are to escape perpetual poverty. His primary Indian example is the Punjab region, a crossroads of trade and different cultural influences where the ambition to maintain high levels of literacy and ...
Rural poverty refers to situations where people living in non-urban regions are in a state or condition of lacking the financial resources and essentials for living. It takes account of factors of rural society, rural economy, and political systems that give rise to the marginalization and economic disadvantage found there. [1]