The beginning of poverty in the United States is historically related to the Great Depression after the stock market crashed. More modern influences on poverty include the 2008 recession.
The two main types of poverty are absolute poverty and relative poverty. Absolute poverty is defined as lacking the basic means to survive. Relative poverty occurs when a family's income and way of living fall below the general standard of living defined by its society.
The "War on Poverty" is an unofficial nickname for a collection of legislation introduced by the Lyndon B. Johnson administration. The name comes from a State of the Union address given by Johnson prior to introducing this legislation, in which he declared an "unconditi...
Poverty stems from many factors, including lack of jobs for workers, health conditions, inadequate access to schools and training facilities and government corruption. Poverty affects millions of people worldwide, including families and individuals in the United States....
Relative poverty is used to measure wealth in relationship to other members of a distinct population. Relative poverty measurements contrast with absolute poverty measurements, which measure poverty levels based on a set standard encompassing the entire population.
On an individual basis, poverty is caused by the level of education, skill, intelligence and experience one has. Mental and physical handicaps, feebleness due to age and discrimination due to sexual orientation, race, sex and other bigotry also are causes. Causes on a s...
Poverty is defined as the general scarcity of material possessions or money. Therefore, global poverty represents this general scarcity around the globe.