Every country has poor people and every country has different ways of dealing with the poor. What are some of the reasons for poverty? What can be done to help the poor?

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The unfair
wealth
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dispersion among the
people
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in all countries has always been a part of society's biggest shortcomings. Undoubtedly,
while
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underprivileged
people
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exist in all regions, each country adopted a unique approach to remedy
poverty
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. In my opinion, capitalism and the greediness of certain individuals with enormous power are the chief culprits that trigger the severity of
poverty
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in countries and certain measures could be taken to prevent the gap between poor and rich
people
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from
further
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widening.
Firstly
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, the great impact of capitalism has divided society into different groups based on their personal
wealth
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.
Moreover
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, rich
people
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become richer,
whereas
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, the number of poor
people
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increases in parallel with their
poverty
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.
For instance
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, as a vivid case of
wealth
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disparity, the majority of the world's financial
resources
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are controlled by one per cent of the world's population who are notoriously known as elites.
Furthermore
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, when we break it down to lower levels, another reason for the existence of income inequality is the unchecked greed of certain individuals who seek to amass more
resources
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than others, irrespective of fairness. These
people
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pile up huge interest loans on the shoulders of the less fortunate members of society to bankrupt them. One immediate and practical solution to combat
poverty
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on a global scale is the equitable distribution of world
resources
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by establishing a global reserve.
As a result
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, everyone in need could benefit from
this
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reserve by receiving donations of financial or physical
resources
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. Another course of action to address the growing concern of
poverty
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is to transition from a capitalist to a socialist management style in governmental offices to rectify the unfair allocation of
resources
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. In conclusion,
while
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the policies of capitalist countries and certain individuals have a significant impact on impoverishing
people
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, it ultimately comes down to the
people
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themselves to fight
poverty
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by persevering in
wealth
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creation methods. Shifting away from the capitalist leadership style in government offices and a prompt transition toward socialism could be instrumental in reducing financial inequality."
Submitted by orkhanshamil on

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