Poverty Justification

Extract

[...] The widening wealth gap has also contributed to the economic avalanche, with the last effect seen in the broader economy. As the middle class ceases to retain its capacity for buying power altogether, it may still lead to a general condition under which consumer spending and, thus, economic growth are reduced. This may further result in a cycle of stagnation, which is in itself a contributory factor to social inequality. In addition, the shrinking of the class of workers has far-reaching implications that stretch beyond the social and political spheres. [...]

[...] J., & Antonides, G. (2022). Poverty and economic decision making: a review of scarcity theory. Theory and Decision, 92(1), 5-37. https://link.springer.com/content/pdf/10.1007/s11238-021-09802-7.pdf ILO. (2021). World employment and social outlook: Trends 2021. International Labour Organization. [...]

[...] Detslaff et al. (2021) study shows how deep a set in the system inequalities allows the majority of races to overlook racial classification in the fitness of children for adoption. Poverty, which is presently higher for ethnic majority communities due to the persistent structural disparities of the past and the present time, is often approached with prejudiced and ill-informed beliefs about it in terms of a social issue rather than the complex problem that it is. It is not only the wrong policy but also cruel when poverty is misinterpreted as neglect or abuse that leads to the removal of children from their homes, causing more damage to the families that have already become more vulnerable. [...]

[...] Global Trends and The Effect Of the COVID-19 Pandemic Outbreak On National Governance Systems. The International Labour Organization (ILO) report on World Employment and Social Outlook: While Trends 2021 offered a more extensive, worldwide analysis of the things that lead to poverty, country studies provide data that can be used at a level. The report focuses on the fact that the pandemic crisis, which is called "COVID-19," has made" inequality problems worse, resulting in poverty and unemployment growing globally (ILO, 2021). [...]

[...] Poverty Justification Northeastern Illinois University Introduction Poverty is a persistent and intricate problem that has affected billions of people worldwide. The key to any effective strategy for fighting poverty is to look behind the surface of poverty and find out whether the reasons for its prevalence are mainly due to circumstances or cultural attitudes. This paper aims to examine the facts that explain why poverty exists worldwide and will apply the sources to improve the facts. Wealth Inequality and the Decline of the Middle Class Wealth inequality, which grows in the poor sections of society, is one of the most critical factors causing the high levels of poverty in most countries. [...]