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Author Topic: Is poverty a lack of money?  (Read 1542 times)
Liliana1304
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June 14, 2023, 01:38:30 PM
 #21

I think it depends. You can have the means to purchase the basics of life but you may be deficient in other areas like a knowledge in a particular field or thing and due to this absence, can cause you to make decisions that can be costly.

I believe the Op meant that money is not the only thing when lacking that can be defined as being poor. To me, too little knowledge of anything can be dangerous and can be seen as poverty.
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June 14, 2023, 01:49:14 PM
 #22

It is not about money; it is about basic needs. You said that they have farms and everyone is happy. If those people can afford to go to school, can eat three times a day, have clothes, have clean water, and mostly have houses, then we can't say that they are poor, but if one of those items on the list above is struggling, then they can be considered poor. The analytics right now are based on income because if you are in a city without money, it is difficult unless you are in a remote area.
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June 14, 2023, 01:58:44 PM
 #23

I think it depends. You can have the means to purchase the basics of life but you may be deficient in other areas like a knowledge in a particular field or thing and due to this absence, can cause you to make decisions that can be costly.

I believe the Op meant that money is not the only thing when lacking that can be defined as being poor. To me, too little knowledge of anything can be dangerous and can be seen as poverty.

The main problem is who will give this knowledge and from what textbooks (modern textbooks are often worse than those published in the twentieth century). Therefore, higher education does not mean that a person has received the appropriate knowledge. Practice is important, and the extent to which a person can self-correct.
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June 14, 2023, 02:01:05 PM
 #24


In summary when you have everything you need to survive and you don't need money, are you poor?

Unfotunately yes, you are poor if you cannot provide the basic needs to your family or to yourself. Money is so powerful and its really needed when you want to do something that can make your life at ease. Without these for sure you struggle to face the challenges of the world and people will not give there respect especially if they see you penyless and doesn't have decent job. discrimination is anywhere so strive to get decent paychecks and earn a lot of money since this will give you more comfortable life.

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June 14, 2023, 02:07:50 PM
 #25

A natural life in an agricultural context seems very pleasant for people who have never experienced how difficult it is to survive in difficult times. Prolonged drought, health problems and floods that damage agriculture are part of the challenges for people who depend on natural products for their survival. Maybe you've heard of this, money is not a medium for survival, but without money you will encounter many difficulties in life.
Of course, even if you have abundant resources to survive but no money, you are part of the poor. The cost of medical treatment, children's schooling, paying a monthly electricity fee, and other needs requires money. You can't pay for all of that by bartering with the resources you have because 2023 is no longer the stone age.

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June 14, 2023, 02:09:15 PM
 #26

I see poverty as the inability to provide what you need. So when people assume that poverty is when you don't have money I don't agree. Now what if you have all you need and you don't require money to buy anything, are you poor? Some people live in communities where everyone lives agrarian life. They have all they need because everything they need to survive is available. Food is on the farm, water available and everybody is happy. Although it was hard during the Covid-19 lockdown many people lived without money. I have also seen many people leaving cities and moving to rural areas to live a natural life.

In summary when you have everything you need to survive and you don't need money, are you poor?

Quote
Now what if you have all you need and you don't require money to buy anything


Like i also disagree the way things are in this century you need money, there is no way you can have what you need without money been in the picture talk about feeding, owning a house and also wanting to buy a car ,i think money is still involved, you need it to make provision for your need since we are no longer in the stone age you can only make this statement in the stone age,  living a agrarian life still involves money  Grin  what if his child needs surgery you also need money to process that, i know money his not everything but you still needs it. and covid 19 is different, it was because the only concern the government has is the well-been of its people.

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June 14, 2023, 02:22:19 PM
 #27

Basic needs are food, water, shelter, and clothing. Others will include healthcare, education, and others. My question was that if you need money to satisfy your needs and you have the money, you perceive not poor. And if you can satisfy these without money, you are also rich. So a man that earns money in New York to satisfy his needs and a man that owns a large farm in a rural area of South America to satisfy his needs are just the same. Money shouldn't be a determinant factor to classify people as poor or rich. I don't need to eat in restaurants to satisfy my hunger because there are none in some areas.

From my own perspective, poverty is when you can't afford anything for yourself, family also to love ones. But in a way you had over all these basic needs, then such person can't be classified as poor man because he has already afford his basic needs, he may be classified as middle man or average man who only had all it takes to sustain his family.
Those that are classified to be rich men or wealthy men are people who can afford everything in life except live, living comfortable and can travel to where ever they wants, also who earnings (salaries/income) is above NGN 1M per day/week and per months. This may be true but it all depends on the angle you are viewing it.

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June 14, 2023, 02:28:29 PM
 #28

Poverty is usually measured by the kind of money one lives on per day or per week because I think the majority of experiences of poverty have to do with low income (or no income) and being unable to afford (or barely being able to afford) the basics, such as food and shelter. You're right that there are contexts where it doesn't apply as much, such as villages in agrarian countries, where people may have a very small amount of money but live pretty decently (at least, in terms of food and shelter) because they grow their own food and can exchange what they have for what they might need from other neighbors. But still, money can usually solve the issues, and even in such a case of having what you need it still can't cover everything usually, as you need money for medicine, education, electronic devices, etc.

Moreover, the issue with the op's definition is that some people who aren't poor might be considered poor under it because what one 'needs' is a debatable thing. Maybe one strongly feels the need to buy very high-end clothes, live in a huge stylish apartment and have one of the best cars. Being unable to provide these things may feel to a person like they're poor, but it's a misguided privileged opinion.

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June 14, 2023, 02:42:13 PM
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 #29

Poverty refers to lack of money that's how everybody sees it, ...... 


I guess being poor in the city is much harder than being poor in the rural areas where you can plant crops and vegetables and raise livestocks as well.  

These days being able to take your children or kids to school or not being able to do that has also being classified as characteristics to identify poverty or not. Things like the basic of elementary formal education I think so , and that is why I agree with your very first sentence of lack of money to be what people identify as poverty. People in rural area that are agrarian are also not able to take care of all their financial needs which is why there was trade by barter then. Again, in the midst of those agrarian, there were some families that could be identified as royals and lords because they are rich in animals, farm products, human capacity including slaves. These families had money that they lend to other families in return for interest and other material benefits. Money is important to identify poverty because  it is used to acquire basic needs of life. Back then in the agrarian society, some families didn't have bicycle while some had, some didn't have wheelbarrow but dependent on those who had when they want to go to the farm.
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June 14, 2023, 02:48:06 PM
 #30

For me, the word poor and poverty is different. People who have no access to their basic needs are those in poverty. They are the ones who feel like the access to necessities such as basic education, medical assistance, water and electricity supplies are a luxury. While the poor are those living in the lower middle class where they can afford such things but still struggle affording all of their needs and wants at once. People who are living an average life with an average living expense can still consider themselves poor. Although they can afford a bit of luxury, they still struggle with meeting all their needs.

Even those who are living in an agrarian society where they have basic needs like food will still need something that they do not have. Survival is not only about having food and water, especially in this generation. Poverty is something where it's hard to have access to things you need to survive. And most of those basic needs for survival can be acquired by having money.
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June 14, 2023, 02:48:37 PM
 #31

 Now what if you have all you need and you don't require money to buy anything, are you poor?

Hello, mate, you can't have everything. Regarding your question, I would say yes, the person is poor. because even before you are able to have everything, money is involved. I don't really think poverty is only measured by having food to eat, shelter, and water to drink. Other things are attached, like having the money to solve certain unforeseen situations or emergencies.

I see poverty as the inability to solve personal problems or difficulties that money is supposed to solve. In my country, even in typical rural villages, child delivery is not free of charge, and treatment for someone who is sick is not free of charge, even if it's a government hospital. There is no possibility that you can own the hospital and still have the midwives give you free service that will not require you to spend a penny.

In summary, too, can you list all those things that one needs to survive without needing money?

Even if you have a lot of farm land, you can farm rice, beans, yam, corn, okra, etc., but only you can not finish your farm produce you will need to sell some and use the money to buy other things you desire. Also, you cannot farm on all the farmland. You must surely need laborers, and you will pay them. If you want to build a house, you will need an engineer. Will you not pay the engineer? You will need bricks, cement, zink, nails, wood, and some other stuff. My question is, would you not pay for those things?

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June 14, 2023, 03:09:42 PM
 #32

99% of the main factor in life is money which comes first, finance can stand out in any case according to the category of rich or poor. but it is very difficult to change destiny from having nothing to having everything. if poor people know about the world of crypto, airdrop, bounty can be an opportunity to change destiny. if people only know real work without skills will be slow to change

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June 14, 2023, 03:31:11 PM
 #33

In the context of poverty, there may be many other things. I agree that poverty is not only in the form of money, which has other basic materials that must be fulfilled as a necessity of life.

But it is more correct to say that money covers everything and has greater power than food that is owned from plantation products or they have livestock, but they definitely need money for all the goods that must be purchased with what if they don't have them they cannot do it. anything, even with work in the garden, usually there is a wage that must be given, so money is very important.

But what we see most now is that many people perceive a lack of money as poverty.

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June 14, 2023, 03:37:50 PM
 #34

Personally I see poverty as the lack of plans to secure the future. Money doesn't define poverty because as long has one is actively engaged in something that renders services to the society even if such doesn't have enough to live big at that point in time such person have a big chance of meeting with a bigger opportunity to someday.

Money is just a reward for consistency and will never be a difinition of poverty, it might define riches to a certain extent but still can't be a full definition of Richies.
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June 14, 2023, 03:45:58 PM
 #35

When it comes to this topic it literally shows the different mindset of people when it comes to money based on their experience. Of course if you compare poor people who is homeless to a farmer, for sure those farmer would be contented since he could provide all their needs. While the poor one doesn't have the resources to find some way to gather money for their food or even the food source itself. I consider people poor if they literally doesn't have any resources and any other way to find a well paying job due to their lack of things. It's like you don't have any options or ways to get out of that situation.

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June 14, 2023, 03:54:38 PM
Last edit: June 14, 2023, 05:33:36 PM by RewFrew
 #36

Yes i strongly believe poverty is lack of money. Without Money world will difficult for anyone. Without money anyone cannot survive properly. For for food, house, treatment for all need money. Without money anyone could not be happy. There are many many reason for poverty but main reason lack of money. For happiness, and overall survive properly need money. Without money crisis will constant companion there has no doubt. There are no substitute for money to be happy.

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June 14, 2023, 04:08:03 PM
 #37

Indeed farming and cultivating all kinds of plants for needs, and maybe making salt or all the spices yourself doesn't really need money because everything is readily available. However, money will still be needed because we cannot create everything we need. In contrast to people who are truly poor, apart from money it is also difficult to obtain food or necessities because they are poor in all respects and cannot meet their own needs. Because they have no land to grow crops or money, and only expect mercy from others.
and those who are able to meet their needs cannot be said to be poor because apart from having land to grow crops, they also have money to buy fertilizer and so on so that their crops are fertile and good.

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June 14, 2023, 04:21:00 PM
 #38

Now money is one aspect that is much needed in life, everything related to the necessities of life is now related to money both in terms of economy, facilities and also including houses for shelter. lack of money is also one part of a person's poverty, and the lack of knowledge / knowledge in my opinion is one of the factors that greatly affects a person's level of poverty in life.

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June 14, 2023, 04:27:28 PM
 #39

I think the definition of poor in some people is different. there are even those who never feel enough with the money they have that's where they look poor even though they can still eat everyday and buy anything in their daily life. but they think if you don't accumulate a lot of money then that's the definition of poor, they define it wrong. therefore the poverty rate continues to increase because they never feel enough.

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June 14, 2023, 04:32:14 PM
 #40

There's a standard when a person or a community can be said of being poor and is living in the poverty line. Those that you've mentioned OP aren't really poor people because they've got their resources but if it's going to be the standard of life related to finances and money, we know what's the answer. Those that are living in rural areas might don't have much money but they've got enough resources for themselves and they've cultivated their lands and turned farmlands into productive agricultural sources.

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