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What is global poverty?

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Quick Answer

Poverty is defined as the general scarcity of material possessions or money. Therefore, global poverty represents this general scarcity around the globe.

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What is global poverty?
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Full Answer

Global Issues reports that global poverty has increased in recent years. As of 2007, 80 percent of the world's population lives in areas where income inequality is rising. Additionally, almost half the world population lived on less than $2.50 per day in 2008.

Poverty reduction is one of the main focuses of international organizations, and due to their efforts, 663 million people have risen above the absolute poverty level between 1990 to 2010. Global Issues states that poverty is still a growing concern, as the site explains how the 2008 GDP of the 41 poorest countries was less than the seven richest peoples' combined wealth.

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