What is Poverty

Poverty may be defined as a state or circumstance in which an individual does not possess the necessary supplies and financial resources to maintain a particular level of living. The causes and effects of poverty can vary greatly depending on the social, economic, and political context. There are two primary ways to evaluate poverty in the fields of statistics and economics: absolute poverty is a comparison of a person's income to the amount required to meet fundamental personal needs, such as food, clothing, and shelter; relative poverty is a measurement of the degree to which a person is unable to meet a minimum level of living standards in comparison to others experiencing the same situation at the same time and location. From one nation to another, or even from one community to another, the concept of relative poverty can be understood in a variety of ways.

How you will benefit

(I) Insights, and validations about the following topics:

Chapter 1: Poverty

Chapter 2: Extreme poverty

Chapter 3: Developing country

Chapter 4: Poverty threshold

Chapter 5: Economic inequality

Chapter 6: Recession

Chapter 7: Poverty reduction

Chapter 8: Poverty in Australia

Chapter 9: International inequality

Chapter 10: Poverty in India

Chapter 11: Income inequality in the United States

Chapter 12: Poverty in China

Chapter 13: Poverty in Canada

Chapter 14: Poverty in the United States

Chapter 15: Rural poverty

Chapter 16: Causes of poverty

Chapter 17: Income inequality in India

Chapter 18: Poverty in the Philippines

Chapter 19: Poverty gap index

Chapter 20: Poverty in New Zealand

Chapter 21: Wealth inequality in Latin America

(II) Answering the public top questions about poverty.

(III) Real world examples for the usage of poverty in many fields.

Who this book is for

Professionals, undergraduate and graduate students, enthusiasts, hobbyists, and those who want to go beyond basic knowledge or information for any kind of poverty.