Money is a crucial index to measure wealth and standard of a person. Multitudes are living in poverty in plethora of nations. There are myriad reasons responsible for this problem which will be discussed in the subsequent paragraphs followed by its remedial measures in order to alleviate this obstacle.
Commencing with the multifarious causes behind this issue. First and foremost, in recent times, inflation rate is quite high. Impoverished people are not able to fulfil their basic necessities. Thus, it has become extremely challenging for these people to make amendments in their lives. Moreover, corruption is at its peak in some countries. Owing to which, the necessary actions taken by government to maintain an equilribum among affluent and unprivileged societies are not giving fruitful results. Therefore, individuals are not able to ameliorate their standard of living.
Considering this, there are some solutions to mitigate the problem. Primarily, humans should be made cognizant about the importance of education as well as it should be provided for free up to secondary level to unwealthy inhabitants. As a result, human beings will be able to understand the initiatives taken by government for their welfare and make good use of it. Apart from this, more opportunities should be provided to deprived community. Accounting to which, they can raise their living conditions and contribute to the economy of their nation.
To summarise, it is essential for a province to keep their natives content. Thus, higher authorities should take endeavours to curb people below poverty line. Also, individuals have a responsibility to contribute to the economy of their nation to maintain a balance.