#10 how poverty affects the economy as a whole

How Poverty Affects the Economy as a Whole

Overall poverty affects the economy in a negative way. The more poor people there are in a country then the weaker the economy will be in that area of the world. Reducing poverty is the only way that it  can help the economy. Things that should be done to reduce poverty is listed in a previous blog.

Being poor comes along with not being able to have the resources to live successfully. Think about it: Most people in Africa don't have access to running water or anyother neccissities to living. If they don't have the basic needs of living covered then how could do anything but make the economy of the continent weaker? Answer: they can't because they dont have the resources. Third world countries  have weak economies because their people are farther under the poverty line than countries who have lower rates if poverty.


http://www.pinellascounty.org/bcc_work/2012_05_17/02.pdf

"Poverty Around The World." - Global Issues. N.p., n.d. Web. 11 May 2014.