Question

''poverty affects development. "elaborate the statement with examples

Answer 1

Poverty affects a nation’s economy in several ways. Because, by definition, that portion of a nation’s population living below the poverty line has little money to spend, there is less demand for many goods than might otherwise be the case. That adversely affects the supply-side of the economic equation, which means less money paid to others to produce, distribute and sell. Poverty also adversely affects a nation’s economy by diverting governmentrevenue towards programs oriented toward the poorer and less-advantaged segments of the population, such as welfare and unemployment payments, government-provided health care assistance, and so on. That money is not going towards expanding and/or improving the infrastructure on which the entirety of the economy depends.

Another factor involving the effect of poverty on the economy involves the exorbitant costs associated with the criminal justice system. Without discounting the significant impact on the economy of white-collar crime perpetrated by the wealthy, the relationship between systemic poverty and crime is indisputable and costly. The costs associated with trials and incarceration represent major diversions of tax dollars away from activities that more substantially benefit the economy. Prisons provide jobs for corrections officers, administrators, andothers, but the benefits to the economy from such activities pale in comparison to the impact on states and the national economy of having to house, police, and feed tens of thousands of prisoners daily.

Answer 2

hello dear

    here is your answer :)

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Literally it may be affirmed that poverty and development are two sides to a coin; one presupposes and challenges the other. Generally, in the West, it is the manifestation of poverty, constraints, disease or accidents that propels it for progress. This is the story behind inventions and technology. In Africa though, poverty is a hindrance to progress. Lack of infrastructure, deep seated corruption practices, various forms of conflict, bad governance and poor health facilities cannot promote a healthy population committed to work for progress and development. Crudely, every person is unto himself/herself. As pessimistic as this picture may be, all is not lost. Africa can still be a developed continent. It is this belief that motivates the reflection of this discourse.

This paper begins with an analysis of the two principal concepts of development and poverty with special emphasis on what is development and its characteristics, how can development come about, what is poverty and what are the roots of poverty in Africa. This part is followed by the section on relationship between poverty and development using deforestation as a platform for discussion while the last part deals with the question if African countries can really develop.