Poverty-Lacking the usual or socially acceptable amount of money or material possessions.Inequality- Difference in size, degree, circumstances, etc.; lack of equality.
These two terms are very present in the world right now. It is a topic that many people are constantly talking about. The world is making huge strides in overcoming global poverty. Since 1990, a quarter of the world has risen out of extreme poverty. Now, less than 10 percent of the world lives in extreme poverty, surviving on $1.90 a day or less.While progress continues, fragile contexts and countries affected by conflict, poor governance, and natural disasters, especially in sub-Saharan Africa, have seen an increase in people living in poverty.Inequality and poverty affect each other directly and indirectly through their link with economic growth.Poverty can be reduced through increases in income, through changes in the distribution of income, or through a combination of both.Poverty rates have steadily rose in the past two decades and though we know that it exists no big action has taken place to try and fix it.1
Statistics
-Nearly 1/2 of the world's population (more than 3 billion people) live on less than $2.50 a day.
-More than 1.3 billion live in extreme poverty at less than $1.25 a day.
-1 billion children worldwide are living in poverty.
-According to UNICEF, 22,000 children die each day due to poverty.
