Poverty is the inability that defines itself with the financial, intellectual, moral and social dimensions. Poverty is the inability of a person that makes him vulnerable to exploitation and injustice in the world. This speech defines what is poverty, what are various dimensions of poverty with explanation of each, What are the major causes of poverty, What effects poverty leaves upon a person, society or state. Additionally, what are the steps to be taken to weed out poverty for good.
Speech on Poverty & Its Impacts
Greetings! Respected teachers and my dear friends,
I am here to talk to you about poverty; a topic that is close to my heart. As we all know, poverty is the state of being poor or indigent, without the means to afford basic human necessities such as food, clothing and shelter. According to The World Bank, poverty is defined as “the inability of getting together the minimum consumption requirements for a given period – generally a day or month.”
There are four main types of poverty: absolute poverty, relative poverty, urban poverty and rural poverty. Absolute poverty is defined as a condition where people lack the means to meet their basic needs such as food, clothing and shelter. Relative poverty is a condition where people lack the means to afford basic necessities in comparison to others in their society. Urban poverty is a form of poverty that exists in cities and other built-up areas, while rural poverty refers to poverty in less populated areas.
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There are many causes of poverty, but the main ones are war, natural disasters, disease, low levels of education, corruption and political instability. Decades of wars and political instability coupled with injustice have exposed millions of people to poverty worldwide. Among natural causes, the monster of climate change have been a key player in pushing people to the line of poverty with unexpected rainfalls, floods, monsoons, earthquakes and other climate related disasters.
Poverty is the serious monster. It has left many impacts on individual and national level. On individual level what poverty does is firstly, it hampers the growth and development of a person. A poor person is unable to get quality education, which limits his job prospects and earnings potential. This, in turn, affects his health as he cannot afford proper nutrition or healthcare. Secondly, poverty breeds crime. Desperate people do desperate things to survive, which often leads to criminal activities such as theft, robbery and prostitution.
At the national level, poverty leads to economic decline. Poor countries are unable to develop as they do not have the resources to invest in education, health and infrastructure. This further reinforces the cycle of poverty as these countries remain poor and their people continue to suffer.
The good news is that poverty can be eradicated. It will require a concerted effort from both developed and developing nations. On national level, a greater chunk of poverty can be addressed by bringing transparency and good governance. The developing countries are suffering from the ills of corruption, nepotism and mismanagement. This furthers the net of poverty and suffering of people.
A great deal of work can be done to address these issues. Firstly, the developing countries itself need to look into their collar. They are needed to set their own house in order. After that, the developed world can help these countries by providing them with financial aid, technical assistance and sharing best practices.
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Thank you for your time!