Ratio of poverty is increasing worldwide. What are the reasons for world poverty? What can be done to help the poor’s?

The augmenting

poverty

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rate is currently one of the most pressing issues across the globe. While the uneven distribution of

wealth

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and job outsourcing breed

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, universal basic

income

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and

tax

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reforms can aid us in eradicating

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global problem. The

wealth

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inequality and the movement of production facilities abroad are ascribable to the rising proportion of those living on the

poverty

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line. Reflecting on the former reason reveals that in most world countries, the assets,

such

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as land, profit from natural resources, and real estate is concentrated in the hands of a few.

This

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allows

this

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small group to have

an

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enormous control over the prices of food, utilities and housing that can lead to the devaluation of most people's

income

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who may

subsequently

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find themselves among the poor.

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, affluent countries tend, nowadays, to transfer their manufacturing sites to foreign lands with cheap labour and low taxes. The more manufacturers resort to

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method of outsourcing, the more locals may be jeopardised to be made redundant and lose their basic means of survival. The

wealth

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gap and work relocation, in

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sense, can impoverish the world population.

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, provided that

universal

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a universal

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basic

income

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scheme is applied and the rich are taxed more, we are able to combat

the

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apply

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global

poverty

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. The

first

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solution stipulates that a government provides all citizens irrespective of their

wealth

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and employment status with a particular amount of money regularly.

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is generally sought to incentivise people, whilst its ultimate goals are to balance inequality and reduce

poverty

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. Another solution is to impose higher taxes on the well-off layers of society and put a stop to

tax

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evasion schemes. If the

income

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tax

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for the rich were,

for example

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, raised, and

illigal

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illegal

tax

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avoidance activities,

such

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as money laundering or falsified

tax

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declaration, ceased to exist, these additional funds could be invested in

poverty

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alleviation and job creation programmes. In conclusion,

although

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the

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apply

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poverty

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is on the rise worldwide, governments can still tackle it through monetary and taxation projects.