Which effect has poverty had on Latin American nations
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Poverty is the lack of or inability to afford the basic human needs. The needs include nutrition, shelter, clean water, health care, clothing, education among others. Compared to worldwide averages, Latin America is among the poorest of the poor. Most of its population lives in absolute poverty. Up to 70% of the population in South America lives in cities. Research has revealed the great variation in Latin America societies. In 1970, up to 40% of all households in Latin America lived below the line of poverty. Countries like Argentine, Brazil, Colombia and Peru 62% of households lived at starvation level. Poverty is more severe in the countryside especially on households that depend on agricultural sector.
In Latin America, poverty is a structural problem. It began in the days of colonialism when a small group was the upper class who owned large amounts of land (UNRISD Report, 2010). In 1930s, the elite gained political and economic power. They possessed great wealth but were not concerned with the inequitable distribution of property. This has led to a huge difference between the minorities who owns everything and the majority who owns only there labor and lives. In the 80s, Nations like Venenzuela, Chile, Panama, and Uruguay had large unemployment figures. The situation got worse. Latin American countries began to experience political change but its cost was so high that the available social structures were not able to support the poor. This caused economic instability hence escalating poverty levels. Large slums began to emerge the problematic nature of poverty is difficult to solve. Neither the government nor non-governmental organizations had solutions. The development of urban centers led to poverty concentration. Today, there are up to 240 million people living with less than one U.S. dollar per day. In rural areas, lack of food, inadequate health centers and lack of educational facilities are the main problems. In Urban centers, unemployment and lack of regular and good paying jobs is the main predicament. Low-income jobs that last for a short term with no social security have made the situation worse.
Causes
The main cause of poverty is unequal distribution of wealth. In rural areas, the peasants are amongst the poorest people. Other causes of poverty are internal conflicts, migration, higher fertility and structural adjustment. Colonialism also contributed to South America's poverty. Though South America has vast natural resources, it is still home to the world's poorest people. Injustice and inequality has largely contributed to the gnawing poverty. Politics have also resulted rise of poverty levels. Diversion of resources from domestic needs to western markets fueled by international political interest is common (Shah, 2010).
This leads to lack of basic needs like water, food, health care, education and other important social amenities. The policies of international bodies like IMF and the World Bank has resulted to debt hence poverty
hope you will mark my answer as brainlist answer
In Latin America, poverty is a structural problem. It began in the days of colonialism when a small group was the upper class who owned large amounts of land (UNRISD Report, 2010). In 1930s, the elite gained political and economic power. They possessed great wealth but were not concerned with the inequitable distribution of property. This has led to a huge difference between the minorities who owns everything and the majority who owns only there labor and lives. In the 80s, Nations like Venenzuela, Chile, Panama, and Uruguay had large unemployment figures. The situation got worse. Latin American countries began to experience political change but its cost was so high that the available social structures were not able to support the poor. This caused economic instability hence escalating poverty levels. Large slums began to emerge the problematic nature of poverty is difficult to solve. Neither the government nor non-governmental organizations had solutions. The development of urban centers led to poverty concentration. Today, there are up to 240 million people living with less than one U.S. dollar per day. In rural areas, lack of food, inadequate health centers and lack of educational facilities are the main problems. In Urban centers, unemployment and lack of regular and good paying jobs is the main predicament. Low-income jobs that last for a short term with no social security have made the situation worse.
Causes
The main cause of poverty is unequal distribution of wealth. In rural areas, the peasants are amongst the poorest people. Other causes of poverty are internal conflicts, migration, higher fertility and structural adjustment. Colonialism also contributed to South America's poverty. Though South America has vast natural resources, it is still home to the world's poorest people. Injustice and inequality has largely contributed to the gnawing poverty. Politics have also resulted rise of poverty levels. Diversion of resources from domestic needs to western markets fueled by international political interest is common (Shah, 2010).
This leads to lack of basic needs like water, food, health care, education and other important social amenities. The policies of international bodies like IMF and the World Bank has resulted to debt hence poverty
hope you will mark my answer as brainlist answer
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"Growth of shantytowns" should be your answer :)
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