& Economic Disparity Poverty. It is an indicator of a country’s relative status within the world.

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Presentation transcript:

& Economic Disparity Poverty

It is an indicator of a country’s relative status within the world

It is a relative term as individual wants and needs vary from place to place

Poverty can be a trap that turns into a cycle – difficult to get out of The Poverty Cycle – page 347 of Counterpoints Family in debt Baby born to a Malnourished mother Baby’s development is slowed Poor nutrition & medical care Physical/mental development slowed Poor performance in school Low literacy level Reduced likelihood Of economic success Limited diet, Poor general health Many young; Few job prospects

Causes?

War and international conflict

Natural catastrophes

Low levels of education = no personal choices

Lack of natural resources

Mounting debt

Corrupt Governments

Solutions?

International Monetary Fund The IMF uses “Structural Adjustment Policies” as conditions to receiving loans

The World Bank

Forgiving Debt… Debt payments in developing countries takes money away from the development of services that could improve their standard of living.

United Nations Human Development Index

Based on 3 measurements: Life Expectancy

2. Literacy Rates

3. Per Capita GDP

Heavily Indebted Poor Countries (HIPCs)

Developing Countries

Newly Industrializing Countries

Developed Countries