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Author Topic: Is poverty a lack of money?  (Read 1601 times)
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June 26, 2023, 11:31:34 AM
 #201

Many countries experience inflation because the amount of money is more or out of control while goods become scarce, as happened in a country that experienced uncontrolled inflation such as Zimbabwe where the price of basic necessities reached thousands of percent, this is because there is no supply of goods so even though we have a lot of money we cannot buy anything or the value of money is very low.
When there is no supply of a product, the demand for that product will increase drastically. In the language of economics, if the supply is less than the demand, there will naturally be a huge increase in the price of the product. Moreover, every country is under the grip of inflation as a result of Ukraine Russia war. Many countries have failed to regulate it. For the consequence of this even with more money, it has become difficult to meet the basic needs. If you think about it from that perspective,yes poverty is not only caused by lack of money.

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June 27, 2023, 08:00:30 PM
 #202

When there is no supply of a product, the demand for that product will increase drastically. In the language of economics, if the supply is less than the demand, there will naturally be a huge increase in the price of the product. Moreover, every country is under the grip of inflation as a result of Ukraine Russia war. Many countries have failed to regulate it. For the consequence of this even with more money, it has become difficult to meet the basic needs. If you think about it from that perspective,yes poverty is not only caused by lack of money.
A shortage of supply of a product can cause scarcity so that the price of the item/product rises uncontrollably, that's how the process of demand and supply occurs. Poverty is caused by many factors and indeed poverty is always termed as a lack of money in meeting the necessities of life. But when you are in a state of war, poverty is seen as much more than that, having a lot of money and not being able to shop for necessities because of the lack of supply caused by the war also affects circulation.

In the end money is worthless in these conditions because the security system cannot guarantee people to live as usual. However, in more general terms, poverty is still seen from a lack of money to meet the necessities of life and money plays a much bigger role in the problems of daily living needs.

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June 27, 2023, 08:46:59 PM
 #203

Poverty is not all about money. The value of money is mostly seen in its purchasing power and when people can buy anything they want with money they will confirm that they are rich. When one does not have the purchasing power they will assume that they are poor.
Poverty can be of mentality.
Poverty can also be of altitude.
Poverty can of mindset
Poverty can be in a particular situation.
When you have all you need, you do not need money anymore. But the situation is rare to be. So, even when you have your needs you still need money because human want is insatiable.

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June 27, 2023, 11:32:18 PM
 #204

In some part of the world poverty is linked with the money. This is why lack of money is mentioned as poverty. For example one who wasn't able to make atleast $30 is poverty. Some state the person who doesn't get the proper nutrients and doesn't have three meals a day are in poverty. Through different data, poverty will be mentioned. Even the ongoing inflation around the world push people into poverty. These news won't come out much, because the governments will be dethroned. It is the government's responsibility to give its citizens the security of living. This means unlike the changing scenario around the world the people should continue to live at their comfort.
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June 28, 2023, 02:00:50 AM
 #205

In some part of the world poverty is linked with the money. This is why lack of money is mentioned as poverty. For example one who wasn't able to make atleast $30 is poverty. Some state the person who doesn't get the proper nutrients and doesn't have three meals a day are in poverty. Through different data, poverty will be mentioned. Even the ongoing inflation around the world push people into poverty. These news won't come out much, because the governments will be dethroned. It is the government's responsibility to give its citizens the security of living. This means unlike the changing scenario around the world the people should continue to live at their comfort.
Poverty cannot be eliminated completely and can only be brought down but that is not an easy task either,
poverty is a structural problem and the government does need to make the right policy,
What is clear is that poverty is not just about a lack of money.

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June 29, 2023, 05:22:55 AM
 #206

Poverty can be defined as a lack of resources that are necessary to meet basic needs, including food, shelter, clothing and healthcare. Money is certainly an important resource that can help alleviate poverty, it is not the only factor that causes poverty. Lack of access to education, limited job opportunities, discrimination, and social exclusion can create a cycle of poverty, that is difficult to control even with access to financial resources. Poverty is a complex issue that affects different groups of people in different ways like systematic barriers and discrimination.

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June 29, 2023, 07:21:14 AM
 #207

The generally accepted concept is that poverty is a condition associated mainly with the inability to meet financial needs.  But by going deeper into the studies of many cases, this concept expanded to also include people who are unable to pay their needs due to misbehavior and lack of experience, despite their ability to obtain funds.  This last concept includes especially employees with a fixed monthly income who cannot achieve a balance between income and expenses.
But with a lay man understanding a poverty is a lack of money and it's not something we can argue, because you have said it all that when you lack finance to afford your needs is something you know that poverty is a lack of money, and poverty have Categories which when you some people you may not know they are poor because they are feeding but they don't afford any other things they need, so poverty have stage1 and stage2 and it on moving, but the normal definition of poverty is when you can't afford three square meals a day by yourself its what is called a poverty

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June 29, 2023, 07:32:21 AM
 #208

In some part of the world poverty is linked with the money. This is why lack of money is mentioned as poverty. For example one who wasn't able to make atleast $30 is poverty. Some state the person who doesn't get the proper nutrients and doesn't have three meals a day are in poverty. Through different data, poverty will be mentioned. Even the ongoing inflation around the world push people into poverty. These news won't come out much, because the governments will be dethroned. It is the government's responsibility to give its citizens the security of living. This means unlike the changing scenario around the world the people should continue to live at their comfort.
Poverty cannot be eliminated completely and can only be brought down but that is not an easy task either,
poverty is a structural problem and the government does need to make the right policy,
What is clear is that poverty is not just about a lack of money.

Poverty can also be referred to as a community. Let's say there are not enough facilities like hospitals, fire stations, or businesses in the area that meet the basic needs of the people. Aside from money, if you don't have clean water resources and are lacking in food, it is also poverty. There are communities that are only relying on their crops and water, and they are not into money unless they go to the cities, but for their day-to-day needs, they grow their own food.
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June 29, 2023, 06:02:09 PM
 #209

The generally accepted concept is that poverty is a condition associated mainly with the inability to meet financial needs.  But by going deeper into the studies of many cases, this concept expanded to also include people who are unable to pay their needs due to misbehavior and lack of experience, despite their ability to obtain funds.  This last concept includes especially employees with a fixed monthly income who cannot achieve a balance between income and expenses.
But with a lay man understanding a poverty is a lack of money and it's not something we can argue, because you have said it all that when you lack finance to afford your needs is something you know that poverty is a lack of money, and poverty have Categories which when you some people you may not know they are poor because they are feeding but they don't afford any other things they need, so poverty have stage1 and stage2 and it on moving, but the normal definition of poverty is when you can't afford three square meals a day by yourself its what is called a poverty
The classic concept of poverty has not changed, and I just tried to clarify what this concept might include, especially since we live in economic systems that tolerate three classes (the rich, the poor, and the middle class). The middle class is usually the largest and imagines that it is closer to the class at the top, but the concept of poverty in fact includes it as well.
The inability to achieve three meals a day may be what we know about the poor class, but the middle class that is able to achieve only two meals a day is also somewhat poor and can be included in "stage 2".

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June 29, 2023, 06:28:00 PM
 #210

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?

Whatever you say, you need money. In this world, you cannot live without money. If you do, you need help from others, as homeless people need help. If you have a farm, you need to buy seeds or some kind of other things that are necessary for farming. You cannot make sugar, salt or oil out of nature. Let's say you can make some of them. But you won't be able to make all of them. You won't find all the resources to produce all the products you may need.
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June 30, 2023, 02:01:28 AM
 #211

The generally accepted concept is that poverty is a condition associated mainly with the inability to meet financial needs.  But by going deeper into the studies of many cases, this concept expanded to also include people who are unable to pay their needs due to misbehavior and lack of experience, despite their ability to obtain funds.  This last concept includes especially employees with a fixed monthly income who cannot achieve a balance between income and expenses.
But with a lay man understanding a poverty is a lack of money and it's not something we can argue, because you have said it all that when you lack finance to afford your needs is something you know that poverty is a lack of money, and poverty have Categories which when you some people you may not know they are poor because they are feeding but they don't afford any other things they need, so poverty have stage1 and stage2 and it on moving, but the normal definition of poverty is when you can't afford three square meals a day by yourself its what is called a poverty
There are many ordinary people who live by hiding from people they do not express poverty. But from their family's money to their family's every aspect of the world, there is a lack of them, they keep it to the people, but they are completely poor from within. A poor person's family is always starving because they don't have the necessary money, food, medicine, etc. and their lives are very miserable. If poor people had money they could move their lives forward. But a poor person never lives a happy life since they get nothing from wealth. Rather, they cut themselves off from everything and do daily wage work to run their families and advance their lives, that is poverty.

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June 30, 2023, 03:47:00 AM
 #212

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?

Whatever you say, you need money. In this world, you cannot live without money. If you do, you need help from others, as homeless people need help. If you have a farm, you need to buy seeds or some kind of other things that are necessary for farming. You cannot make sugar, salt or oil out of nature. Let's say you can make some of them. But you won't be able to make all of them. You won't find all the resources to produce all the products you may need.
Indeed, money is not everything, but everything needs money, so it is impossible to live without money,
I think we have to be realistic and think that being without money is weird,
we live in an era where buying and selling requires money, not in ancient times which used the exchange method.

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June 30, 2023, 05:26:51 AM
 #213

Indeed, money is not everything, but everything needs money, so it is impossible to live without money,
I think we have to be realistic and think that being without money is weird,
we live in an era where buying and selling requires money, not in ancient times which used the exchange method.
Money is indeed the benchmark for everything at this time and it is true that we will be considered poor if we do not have money.
So it's only natural that at this time everyone is flocking to make as much money as possible, that is in general, even though I'm sure there are corners in this world that don't need money, they only live from natural products without any transactions.
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June 30, 2023, 06:19:22 AM
 #214

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?

Whatever you say, you need money. In this world, you cannot live without money. If you do, you need help from others, as homeless people need help. If you have a farm, you need to buy seeds or some kind of other things that are necessary for farming. You cannot make sugar, salt or oil out of nature. Let's say you can make some of them. But you won't be able to make all of them. You won't find all the resources to produce all the products you may need.
Indeed, money is not everything, but everything needs money, so it is impossible to live without money,
I think we have to be realistic and think that being without money is weird,
we live in an era where buying and selling requires money, not in ancient times which used the exchange method.
money is the fulfillment of needs for human survival even though a farmer has enough crops to eat, many other needs must use money to fulfill them. therefore many say that humans need one another, and to assess that need is manifested in the form of a sum of money. especially to live in a city where everything seems to be measured using money, so humans need to earn money to be able to maintain their lives. fortunately humans are created with different skills, so that they can complement each other, so that the wheels of the economy turn around, and becomes a difficult condition if someone does not have expertise
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June 30, 2023, 06:46:10 AM
 #215


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


The fact that 90% of things you will do in the world today need money to be done means that whatever you have today, you will still need more money. You can see that any position you reach in the world today must be done with money. So now I don't really understand what you meant by when you have everything you need and you don't require money to buy anything, mate goals never finish. I hope you know that. The more money comes into your hand, the more you create problems for yourself. I hope you don't forget that one.
 
People who live in a community and have access to everything they need, however, cannot be classified as being poor. Given that I define someone as being poor as having no access to clean water to drink, a place to sleep, or any of the other necessities of life, and as someone who constantly needs to hustle food and other necessities to meet daily needs, it is clear that these individuals are suffering. We can therefore argue that they are impoverished, but how can we say that someone who possesses everything is poor once more?

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June 30, 2023, 07:14:39 AM
 #216

Poverty can means lack of money but it is not the only reason why poverty occurs. Poverty is often intergenerational, meaning that it can be passed down from one generation to the next, perpetuating cycles of disadvantage. Poverty can also be  caused by systematic factors such as discrimination, inequality and limited opportunities. It is important to address poverty through a multifaceted approach that addresses both the root causes and the symptoms of poverty. This may involve policies and programs that promote economic growth, education, healthcare and social welfare. It may also involve addressing systematic issues such as discrimination and inequality.

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June 30, 2023, 07:55:51 AM
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 #217

Poverty is not only related to lack of money. Although lack of money is one of the factors often associated with poverty, the definition of poverty involves much more than financial aspects. Poverty also includes the inability to meet basic needs such as food, clean water, adequate housing, education, access to health services, and fair economic opportunities. Therefore, if a person has everything needed to survive without needing money, but does not fulfill these essential aspects, they can still be considered poor.

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June 30, 2023, 09:12:29 AM
 #218

Poverty is not only related to lack of money. Although lack of money is one of the factors often associated with poverty, the definition of poverty involves much more than financial aspects. Poverty also includes the inability to meet basic needs such as food, clean water, adequate housing, education, access to health services, and fair economic opportunities. Therefore, if a person has everything needed to survive without needing money, but does not fulfill these essential aspects, they can still be considered poor.

But if you have money, meeting the basic needs of life is not too difficult. In today's society, as long as you have money, you can buy everything in this world, money is considered the measure of everything, so it is not wrong to say that no money is poor.

To be honest, I have never seen anyone get everything they need without money, even in remote rural areas, you need money to sustain life. Things have changed significantly, unlike in previous years when you could sustain your life by raising cattle and farming. Without money, you can't raise livestock and grow crops these days.

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June 30, 2023, 01:57:14 PM
 #219

The poor do not have the priveledges and opportunities as they are lacking of money. They don't have the chance to increase those in terms of we are saying, investments?. No one of their goals first is to survive on a daily basis, even though they want to make their life increase because of this opportunity some of them are afraid to take a risk because there's no assurance on their thinking that they could earn this, they are getting practical I feel that's the exact word. But if they have the capability to survive and want to take risk more in life because they have more asset they will grab the opportunity because at the end, they can still manage but the poor ones does not have an options.

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June 30, 2023, 02:15:54 PM
 #220

hello there baby doll baby cakes,

poverty, more than anything is a mindset.

It is not a lack of money, that is just the outcome of an resourceful psychological state. 

There are exceptions in areas of the world with a fundamental lack of resources, that is a different conversation.

But if you read this you have access to the resources you need.

The rest happens in your mind.

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