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How to Solve the Poverty Issue, and What Role Government Should Play

International Day of Povrity

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Solve the Poverty Issue, and What Role Government Should Play

Today, almost one in ten people live in poverty. The World Bank estimates that as many as 702 million people — about 11.2% of the global population — live on less than $1.90 a day and don’t have enough money to meet their basic needs, such as food, housing, education, and healthcare.

This is known as the poverty line or threshold. There are many solutions to help fight poverty, but it is important to understand what role government should play in this process. Governments can facilitate these solutions through what’s called a “social safety net” (or policies that support people who face challenges). In addition, governments can also implement laws that restrict business practices and help the poor afford basic needs such as education and healthcare. In this article, we’ll explain why so many people live in poverty today and how governments can solve this problem.

what is the poverty

Poverty occurs when people can’t afford their basic needs, such as food, water, shelter, clean air, healthcare, education, and clothing. When people can’t afford their basic needs, they are at risk of health problems and death. Poverty is growing because the world’s population is growing and also because many people live in countries where poverty is common. There are different ways to measure poverty, but the most common is the poverty line or threshold. The poverty line or threshold is the minimum income needed to live a healthy life. In 2015, the World Bank estimated that 10.7% of the global population lives on less than $1.90 a day. Poverty is a complex issue, and there are no quick-fix solutions. There are many ways to help people escape poverty by providing them with necessary goods and services, such as health care, clean water, education, and food. Governments play an important role in facilitating these solutions.

Why Does Government Play a Role in Solving the Problem?

The private sector and non-profit organizations can provide goods and services to people in need. However, sometimes there is limited funding from donors. In addition, private companies and non-profits may need government assistance to help people in need. For example, the government can help by lowering taxes on businesses and nonprofits or helping them access funding for social initiatives. Governments can also implement laws that regulate business practices. For example, governments can regulate businesses that offer goods and services to people in need. This includes regulating taxes, setting minimum wages, providing healthcare, and providing safety net programs. Finally, governments can provide public goods that help everyone, not just people in need. Public goods are things like education, healthcare, and infrastructure that help people in general, not just those in need. For example, by creating public schools, governments can educate the next generation of citizens to make their country a better place.

The Role of the Private Sector in Solving the Problem

The private sector plays a key role in solving the poverty problem. Businesses can generate income and employ people in need by selling products and services. Businesses can also donate money and goods to people in need. By generating income, businesses can employ people in need. This is important because governments often struggle to provide employment opportunities for everyone in need. This is because governments often don’t have enough money to fund all the programs necessary to help people in need. Businesses can donate money and goods to people in need. Donations are important because governments often can’t provide everything that people need. For example, governments struggle to provide certain types of healthcare, like expensive cancer treatments. Businesses can also help people in need get jobs by hiring them.

Government’s Role in Solving the Problem

Governments can facilitate solutions to help people escape poverty. First, they can provide public goods. Public goods include things like education, healthcare, and infrastructure that all people can use, not just people in need. Second, governments can implement laws that help people in need. For example, governments can implement minimum wage laws that ensure people earn enough money to get out of poverty. Governments can also provide social programs, such as food assistance, housing assistance, and subsidized healthcare. Governments can also regulate businesses to help ensure people in need can get the goods and services they need. For example, governments can regulate businesses to help ensure people in need can afford healthcare and education.

Conclusion

Poverty is a global issue that affects billions of people. There are many ways to help solve the problem, including providing public goods, implementing laws to regulate businesses, and providing assistance to people in need. Governments play an important role in facilitating these solutions.

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