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Due to a lack of opportunities in America poverty seems to be a rising case. People are becoming homeless, homes are foreclosing, and businesses are going out of sale. In the last eight years the economy has been going in a downward spiral. It seems to me that there is a lack of help from the government or the president, there are a lot of unstable households, no one is truly successful, and incomes are falling incredibly. One of the major causes of poverty is the inequality in the distribution of wealth, meaning that the wealthiest one percent made as much as the poorest twenty percent.
For the past ten years welfare has been a relieving part of poverty. Many Americans tend to turn to the welfare program when all else false. Unfortunately if you make over a certain amount of money they won’t provide you with welfare. In return that is another reason why poverty tends to rise in America. One billion children live in poverty (1 in 2 children). 640 million people live without adequate shelter; 400 million people live without safe water, and 270 million peole have no access to health services. 10. Million People died before they reached the age of 5 in 2003 (roughly 29,000 people a day). Nearly a billion people entered the 21st century not knowing how to read or sign there names. The Gross Domestic Product or GDP of the 41 heavily indebted poor countries (567 million people) is less than the worlds 7 richest people combined. The seven richest people in the world are Bill Gates $52. 0 Billion, Warren Buffet $52. 0 Billion, Carlos Slim Helu $49. 0 Billion, Ingvar Kamprad & Family $33. 0 Billion, Lakshmi Mittal $32. 0 Billion, Sheldon Adelson $26. 5 Billion, and Bernard Arnault $26. Billion. That’s over 174. 5 Billion dollars, and 576 million people can’t accumulate 174. 5 billion dollars. Yeah that states that poverty is extremely high in America. Poverty is the state for the majority of world’s people and nations. Behind the increasing interconnectedness promised by globalization are global decisions, policies, and practices. These are typically influenced, driven, or formulated by the rich and powerful. These can be leaders of rich countries or other global actors such as multinational corporations, institutions, and influential people.