1. & Economic Disparity Poverty

2. It is an indicator of a country’s relative status within the world

3. It is a relative term as individual wants and needs vary from place to place

4. Poverty can be a trap that turns into a cycle – difficult to get out of The Poverty Cycle – page 347 of Counterpoints Family in debt Baby born to a Malnourished mother Baby’s development is slowed Poor nutrition & medical care Physical/mental development slowed Poor performance in school Low literacy level Reduced likelihood Of economic success Limited diet, Poor general health Many young; Few job prospects

5. Causes?

6. War and international conflict

7. Natural catastrophes

8. Low levels of education = no personal choices

9. Lack of natural resources

10. Mounting debt

11. Corrupt Governments

12. Solutions?

13. International Monetary Fund The IMF uses “Structural Adjustment Policies” as conditions to receiving loans

14. The World Bank

15. Forgiving Debt… Debt payments in developing countries takes money away from the development of services that could improve their standard of living.

16. United Nations Human Development Index

17. Based on 3 measurements: Life Expectancy

18. 2. Literacy Rates

19. 3. Per Capita GDP

20. Heavily Indebted Poor Countries (HIPCs)

21. Developing Countries

22. Newly Industrializing Countries

23. Developed Countries