Poverty

What comes to your mind if you say Poverty? Lack of money? Lack of Property? Limited amount of basic needs? Poverty is about not having enough money to meet basic needs including food, clothing and shelter.  However, poverty is more, much more than just not having enough money.

In our time today Poverty is rather significantly high in the Philippines and in other countries. You need money to buy food. You need money to send your own kids to school and to go to other places. Basically, you need money to survive in this harsh world. These are all costs of being poor. You cannot do or should I say cannot do what you ‘need’ or wants to be able to simply because you are poor. Those people who are barely able to pay for food and shelter simply can’t consider these other expenses.  When people are excluded within a society, when they are not well educated and when they have a higher incidence of illness, there are negative consequences for society. and could cause a social barrier between the people in the vicinity.

Today, I will give you the 3 examples of poverty.

First is the Absolute Poverty. This type of poverty is also known as extreme poverty or abject poverty. This is the result of the scarcity of the basic needs like food, shelter, clothing, education and accessibility in the country. Those who are in this kind of poverty experience struggle to survive with a high rate of child deaths and a great potential of acquiring health problems like malaria, cholera, dengue, etc. Because of the place they live in.

Second is the Relative Poverty. This type of poverty is a social perspective of the economic standard of a person or family. In other words, it is a measure of income inequality. For example, a family can be considered poor if it cannot afford vacations, or cannot buy presents for children at Christmas, or cannot send its young to the university. 

Lastly, the Situational Poverty is a temporary type of poverty based on occurrence of an event like environmental disaster, job loss and severe health problem.People can help themselves even with a small assistance, as the poverty comes because of unfortunate event. For example, the persons property of destroyed because of a strong typhoon and and his/her belongings were also destroyed, that person can be called poor because of the lack of shelter.

These are just some of the typed of property. I hope you are all aware of the types and know how to differentiate them.