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Essay Archive - Poverty vs. The Economy
Poverty vs. The Economy
Poverty is a lack of goods and services necessary to maintain a
minimal adequate standard of living. The definition of the term adequate varies,
however, with the general standard of living in a society and with public
attitudes toward deprivation. No university accepted definition of basic needs
exists because poverty is a relative concept. In poorer countries it means
living at the brink of subsistence, while in our country few improvised families
confront starvation, although many suffer from undernourishment.
A key issue in the area of poverty is inequality. Inequality ha....
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