About Poverty in world

 What is poverty elevation and how to control poverty?

Microfinance is one way to elevate people out of poverty because with small loans they are able to lift themselves out of poverty. It is mainly used in developing countries where individuals or families can use a small amount of money to start a business or farm a particular crop. Organizations that provide microfinance often also provide training to loan recipients

 Where is there poverty?

Poverty exists to some degree in every nation in the world. Many of the world's most poverty stricken nations are on the continents of Asia and Africa. China has had the greatest improvement in poverty rates in the past decade. China's poverty rate fell from 85% to 15.9%, or by over 600 million people. According to the 2011 World Bank calculations, the top 5 countries with the highest poverty rates, based on GDP are: #1 Congo #2 Liberia #3 Zimbabwe #4 Burundi #5 Eritrea Poverty is can also be measured by how much money an average citizen has to live on per day. Using this calculation India is the poorest country in the world with 41% of its people living on $1 US or less per day.

 What can you do about poverty?

as a community, all we can do is work together and notice all the starving people out there. We can help prevent poverty by donating food and clothes, adopting children, have fundraisers and many more things that can be done. it all starts with care and if we put ourselves in their shoes and think about how scary it is to be on the streets or have no family and still have hope. We need to also think about all that we have and thank god for giving us a wonderful family.

 How do you get out of poverty?

Poverty, where it is prevalent, is in the form of a vicious circle. This is because poverty causes less expenditure, which means lesser revenue for firms, lesser production, and consequently low income and more poverty. A person can get out of poverty by increasing demand (In Economic context). This can be done by increasing credit supply in the economy. The government can undertake welfare schemes, capital investments (For injections in the economy), and can reduce Bank Rates and reserve ratios to increase credit supply in the economy.

What does poverty means?

If you mean what is poverty, it is the state of having very little money.

Or,

Poverty is when people can't afford a good home because they have low wages,and they have alot of economic sturggles 

How is the poverty threshold related to the poverty rate?

Take a look at the book on Urban Poverty in the Global South http://urb.im/blog/upgs which talks about how how countries define the poverty threshold and measure poverty has a large influence on poverty rates: "The use of inappropriate poverty definitions that understate and misrepresent urban poverty helps explain why so little attention has been given to urban poverty reduction by aid agencies and development banks.""Almost all official measurements of urban poverty are also made with no dialogue with those who live in poverty and who struggle to live with inadequate incomes. It is always the judgement of 'experts' that identifies those who are 'poor,'""Different criteria used for defining poverty in a given nation can show

almost no urban poverty or 30 to 50 percent of the urban population in poverty. There are hidden influences and assumptions within poverty definitions that often help under-count who is identified as being poor"

What Distinguishes the poverty rate from the poverty level?

Poverty rate is simply the number of people who have a low income, whereas poverty level or poverty threshold is the minimum level of income deemed necessary to achieve an adequate standard of living in a given country. Persay your country said the standard of living should only cost $100 a month, if you made $105 a month then you would be apart of the poverty rate, because you qualify within that adequate standard of living, whereas people who could only make $75 a month would be below the poverty level because they could not live within the means of the adequate standard of living.

How does poverty occur?

It occurs when there is an imbalance in the distribution of wealth.