Can we understand poverty in every way? Let’s try
Interpretations deposed by Poverty Indicators
Poor individuals don’t focus so much on their poverty, the biggest example is that as in earlier times, it was very easy task for them to go at the nearest job opportunity which was 60 km apart without any resources. The poverty should be considered in reference to the period in which an individual lives.
Townsend’s assert – He claims that those groups or individuals whose resources fall short of the resources taken by groups or individuals in the “‘The meaning of poverty” 105 British Journal of Sociology © London School of Economics and Political Science 2010, come to the poverty deadline. The Luxembourg Income Study (LIS) - Depending on this, poverty measures standardized to ensure comparability over time. (Nandy A. , 2012, 1)
Most of the researchers measure a nation’s poverty ledge by the population percentage with annual incomes less than 50% of the middle for a particular year. Other factors like recession also affect the state of poverty, the effect – as the recession increases there would be a drastic decline in relative poverty.
In the wake of all these, poverty is the point where an individual is outcast from ordinary living patters, behaviors, vogues. (Besley T. and Burgess R. , 2003, 2).
World’s economic growth and income distribution play a very important role in reducing poverty. Agricultural technologies like higher yielding crop varieties enhance the income of poor individuals. Still, we should not ignore that all these indications also have some limitations.
We are making several attempts to destroy the poverty’s root, but still some questions are there in every one’s mind, its not like these questions don’t have answers. The answers are somewhere we just need to find out them. (Rosenfield J. 2010, 3).
Bibliography
1. Nandy A. (2012). The beautiful expanding future of poverty. 3 May 2012. Retrieved from web.
2. Besley T. and Burgess R. (2003). Having Global Poverty. The journal of economic perspectives, Vol 17, No. 3. (Summer, 2003), pp-3-22.
3. Rosenfield J. (2010). The meaning of poverty and contemporary qualititative poverty research. January 2010. Retrieved from web.
