Sociology of Poverty: Causes, Measurement, and Impact on Economy

Sociology of poverty

TABLE OF CONTENTS
INTRODUCTION...........................................................................................................................3
MAIN BODY...................................................................................................................................3
Concept of Poverty......................................................................................................................3
Ways to measure the poverty line................................................................................................4
Theories of causes of Poverty......................................................................................................4
Impact of the market on the poverty............................................................................................6
Theoretical approaches to poverty reduction...............................................................................6
CONCLUSION................................................................................................................................7
REFERENCE...................................................................................................................................8

INTRODUCTION
Poverty is the biggest issues that generally all country in the world faces. The poverty not
only put huge impact on the individual living standards and desires but it also put impact on the
economy of that particular country as well. The report will describe the concept of poverty and
the various causes of the poverty which lead to increment of poverty at the world level. The
report will also state the impact of the market on the poverty issues along with the current policy
the government launches in order to reduce it. In the same context, the report will also cover the
strength and weakness of the policy.
MAIN BODY
Concept of Poverty
Poverty is a situation arises or the situation when the income of the individual is less than
the threshold limit of poverty. In such situation that individual considered under the poverty line.
In UK, if the individual income is 60% below than the median household income, than such
individual in UK is consider under poverty line (World Bank, 2018). Generally there are three
types of poverty and which includes Absolute poverty, relative poverty and situational poverty.
 Absolute Poverty: This is a kind of poverty line in which the peoples faces the lack of
basic needs such as foods, clean water, house and health care. This poverty generally lead
to and causes the increment in the daily child death percentage.
 Relative Poverty: In this category an individual is consider as poor, when that people is
unable to manage the vacation, not able to send their children in high schools and also not
able to give gifts to their other family members. But they are able to meet their basic food
needs.
 Situational Poverty: This is a kind of poverty line which is arises on happening of an
uncertain event such as earthquakes, floods and even serious illness. The following
poverty is temporary and not permanent part of an individual (Kepuladze, 2019).
The welfare state help the poor people by the welfare regimes to reduce the stress of the poverty
line people and also protect the country. With the help of this the welfare state launches various
social policies, productive and protectionist regimes to reduce the poverty percentage. The
material and cultural deprivation also put the huge impact on the education and poverty of the
country. This indicate that the people are spending more of their income on the unnecessary