Question

Common features or attributes of poverty. In points

Answer 1



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Poverty

Poverty - Characteristics, Causes And Remedy



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Note on Poverty - Characteristics, Causes and Remedy

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Things to remember

Concept of Poverty

Poverty can be defined as the inability of the people to attain a minimum standard of living. In other words, poverty is a relationship between the essential needs of people to survive and their ability to satisfy them. Those people who are unable to satisfy some of the basic needs such as food, clothes, shelter, sanitation, etc. are called poor. Poor people live without fundamental freedom of choice which makes their life better. They face vulnerability to ill health, economic dislocation, and natural disaster. In words of Amartya Sen, a Nobel Laureate in economics, Poverty is a deprivation of basic capabilities rather than merely a lowness of income.

Types of Poverty

(Source: www.slideshare.net)

a. Absolute Poverty