Question

According to the World Bank and International Monetary Fund (IMF), over one billion people in the...

According to the World Bank and International Monetary Fund (IMF), over one billion people in the world today are caught in the poverty trap. Identify key economic, social, or political reasons why some people within the developing world live on $1 a day. Next, determine at least three (3) possible economic, social, or political steps that developing countries overall can take to extricate their poor citizens from this dilemma.

Social-Sciences   Psychology   
0 0
Add a commentTranscribed image text
Next >

Homework Answers

Answer #1

The main reasons for people being trapped in poverty are

1. Political instability

2. Discrimination and Social inequality

3. Vulnerability to Natural Disasters

4. Corruption

5. Over population

Steps to solve the issue of Poverty in this world are

1. Develop and Implement rapid and sustained economic growth policies and programs.

2. Improve Management of Natural resources

3. Investing and Implementing agricultural programs

4. Develop and Implement better trading opportunities for the poor

5. Creating awareness and Providing better access to social services

0 0
Know the answer?
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Log In

Sign Up

Not the answer you're looking for?
Ask your own homework help question
Similar Questions
The World Bank (International Bank for Reconstruction and Development) and the International Monetary Fund (IMF) are...
The World Bank (International Bank for Reconstruction and Development) and the International Monetary Fund (IMF) are important sources of external finance for less developed countries. Write a brief summary regarding each of the two institutions (use Todaro and Smith Chapter 13 as the initial reference), highlighting the following: Functions, Special programs run by the institution, The institution’s sources of funds
For the purposes of the International Monetary Fund, the IMF monitors the evolution and measures of...
For the purposes of the International Monetary Fund, the IMF monitors the evolution and measures of economic and financial policy, in member countries and in the world, according to its Articles of Agreement, which includes: Select one: a. promoting the expansion and growth of world trade b. a stability of exchange rates c. the avoidance of competitive currency devaluations d. the orderly correction of a country's balance of payments problems e.. all of the above F. the b and the...
How did the BRICS challenge the International Monetary Fund? established a development bank accelerated secondary sector...
How did the BRICS challenge the International Monetary Fund? established a development bank accelerated secondary sector production encouraged offshoring businesses All of these None of these Which of the following is an example of geoengineering to combat climate change? massive scale carbon storing chemicals to block incoming sunlight iron fertilization of sea All of these None of these Which of the following is true about multinational corporations (MNCs)? outsource jobs to places with cheaper labor offshore key assets to host...
CONSIDER THE FOLLOWING PROPOSITION: "The way income and wealth inequality (stratification) has changed over the past...
CONSIDER THE FOLLOWING PROPOSITION: "The way income and wealth inequality (stratification) has changed over the past decades in the United States today is beneficial for our individual citizens as well as serving the greater good of our American Society." You must answer all three questions: 1.     Describe your position regarding the statement above. 2.     Present specific data from chapter 8 or articles that you believe support your conclusions. 3.     If you were "in charge" of this country how would you re-design the effort/reward...
international marketing The Euro Yo-Yo Since the inception of the European Monetary Union (EMU) on January...
international marketing The Euro Yo-Yo Since the inception of the European Monetary Union (EMU) on January 1, 1999, the ups and downs of the euro have created challenges and opportunities for global companies. The euro’s volatility has also compounded the economic problems of the 12 countries in the euro zone. The euro began its life as an electronic medium with an exchange rate set at €1 equal to $1.161. Then, the unexpected happened: The euro’s value plunged relative to the...
QUESTION 1 Some examples of policy tools aimed at reducing inequality include all but which of...
QUESTION 1 Some examples of policy tools aimed at reducing inequality include all but which of the following:         Encouraging entrepreneurs         Imposing anti-competitive measures         Imposing administrative barriers to trade         Maintaining fairness in market mechanisms 0.25 points    QUESTION 2 Corruption is a serious issue in all but which one of the following countries?         Philippines         Indonesia         China         Australia 0.25 points    QUESTION 3 Supporters of capitalism...
Argentina and Ecuador: Understanding the Currency Crisis While fiscal policy is never far from the mind...
Argentina and Ecuador: Understanding the Currency Crisis While fiscal policy is never far from the mind of your average Argentine, who remembers the tough times and hyperinflation of the 1980s, the events of 2001 and 2002 have brought fiscal policy back to the forefront of public concern. Though the early 1990s may have been characterized by financial optimism, Argentina has been in a recession since Brazil's 1998 monetary crisis sent shockwaves across the regional and global markets. In early 2002,...
Can I have your opinion on this research and possible correction? The global economy and government’s...
Can I have your opinion on this research and possible correction? The global economy and government’s ability to control its country’s currency. Definition of terms Global economy is an economic interdependence established between the most influential countries that drives the worldwide economic environment. It is also the aggregate economic output, movement and influence of all countries. (My Accounting course). Currency is the medium of exchange for goods and services. In short, its money, in the form of paper or coins,...
  Canadian Whisky: Capitalizing on World Recognition A Thirst for More Rick Clemens opened an independent whisky...
  Canadian Whisky: Capitalizing on World Recognition A Thirst for More Rick Clemens opened an independent whisky distillery 15 years ago in a small town in British Columbia, Canada. Since that day, his business has slowly grown, gaining first a local, then regional and finally national following. It has since grown from a two-person operation to a thriving business with an in-house team of six and the contracted services of an off-site bottler and distributor. After many years of operating at...
Gender Bias in the Executive Suite Worldwide The Grant Thornton International Business Report (IBR) has described...
Gender Bias in the Executive Suite Worldwide The Grant Thornton International Business Report (IBR) has described itself as "a quarterly survey of business leaders from across the globe … surveying 11,500 businesses in 40 economies across the globe on an annual basis." 1 According to the 2011 IBR, the Asia Pacific region had a higher percentage (27 percent) of female chief executive officers (CEOs) than Europe and North America. Japan is the only Asia Pacific region exception. The report further...
ADVERTISEMENT
Need Online Homework Help?

Get Answers For Free
Most questions answered within 1 hours.

Ask a Question
ADVERTISEMENT