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Business Studies HHW

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Kunal Monga
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11 views10 pages

Business Studies HHW

Uploaded by

Kunal Monga
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PPTX, PDF, TXT or read online on Scribd
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BUSINESS STUDIES

HOLIDAY HOMEWORK
Topic: Poverty
WHAT IS POVERTY?
• Globally speaking, poverty is the state of having insufficient
financial resources to meet basic living needs such as food,
shelter, and clothing.
•We can also say that it is a complex social and economic
issue characterized by a severe lack of resources necessary
for basic living standards. It affects individuals and
communities, manifesting in various forms and degrees.
Adding on, it is also a condition where individuals or
•
households earn significantly less than the average income
in their society, leading to exclusion from typical living
standards and activities.
CAUSES OF POVERTY
• Lack of job opportunities or unstable employment, Jobs
that do not pay enough to meet basic living costs.
•Lack of access to quality education limits job
opportunities, Poor health and lack of access to medical
services can trap individuals in poverty.
• Events such as floods, droughts, and earthquakes can
devastate communities and livelihoods, Long-term
changes affecting agricultural productivity and living
conditions.
• Ineffective or harmful policies can exacerbate poverty.
IMPACTS OF POVERTY
Lack of access to sufficient and nutritious food,
•
Increased vulnerability to illnesses due to poor living
conditions and lack of healthcare.
• Inability to afford schooling or educational materials,
Children may need to work to support their families.
• Inability to afford adequate housing, Poor quality and
unsafe housing environments.
• Marginalization from mainstream society, Difficulty in
improving socio-economic status.
STRATEGIES TO COMBAT
POVERTY
• Improving schools and educational resources, Providing
skills training for better job opportunities.
• Ensuring all individuals can receive medical care,
Programs to prevent and treat common diseases.
• Financial assistance for those in need, Ensuring access to
adequate nutrition.
•Ensuring resources reach the intended beneficiaries,
Laws and policies that promote equal opportunities for
all citizens.
GLOBAL AND LOCAL EFFORTS
• United Nations: Programs like the Sustainable Development
Goals (SDGs) aim to eradicate poverty by 2030.
• Charities and Advocacy Groups: Work to provide aid, raise
awareness, and push for policy changes.
• Grassroots Programs: Community-based efforts to support
those in need.
• Public Services: Local government services aimed at
improving living conditions.
MEASUREMENTS OF POVERTY
•Income-based Measures: Determined by a household's
income. The most common measure is the poverty line or
threshold, which varies by country.
• Multidimensional Poverty Index (MPI): Developed by
the United Nations, it considers multiple deprivations in
health, education, and standard of living.
• Human Development Index (HDI): Measures overall
development based on income, education, and life
expectancy.
CASE STUDIES AND EXAMPLES
• Grameen Bank in Bangladesh: Microfinance institution
providing small loans to the poor, particularly women, to
start small businesses.
• Universal Basic Education in Kenya: Government
initiative providing free primary education to increase
literacy and educational attainment.
•Social Safety Nets in Nordic Countries: Comprehensive
welfare systems that provide unemployment benefits,
healthcare, and pensions to reduce poverty and inequality.
CONCLUSION
•Poverty is a complex and multifaceted issue that requires a
holistic approach to address effectively. Efforts to reduce
poverty must consider economic, social, environmental, and
political factors and involve coordinated actions by
governments, international organizations, NGOs, and local
communities. Through targeted policies, inclusive growth,
economic growth and social protection, it is possible to
make significant strides in alleviating poverty and improving
the quality of life for millions of people worldwide.
A POWER-POINT PRESENTATION BY:
SHRIYA AGGARWAL
11-C1
ROLL NO.- 15

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