What roles does the poor play in the Economy?

[CageMabok]

I think poor contribute only to rich. They can get things done with low payment but sells then in other country with high price. Like clothes and shoes are made in poor country but look at their prices. Those country do all they can to keep people on poverty to use them.

It was part of a line of business pursued by poor people who were struggling to get rich. Because the contribution of those who are still poor is through their own efforts and that is regardless of which technique they will use at this time, and the example you gave is an example that makes a lot of sense and still happens this year where countries those who are able to process raw materials into ready-to-use goods will always buy raw materials in poor countries to be sold at a higher price after being processed through the technology they have.

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[Gyfts]

Ever wondered why the government's not doing anything of substance to eradicate poverty? Well there's your answer. They need the poor to be there otherwise there won't be anyone to subject to these kinds of ethically inhumane practices.

The government can't eradicate poverty even if they wanted to because they aren't generators of wealth. They could take wealth and redistribute it if they wanted (in fact, many countries throughout history have tried it, it's called socialism), but it fails every time. Take any level of stimulus and inject it into the lower class through direct payments or otherwise, and the poverty levels don't actually decrease over time. The immediate wealth of the lower class increases of course, but again, over time you don't see decreasing poverty rates.

People generally need incentive to work themselves out of poverty and the government isn't part of the equation. As long as they have access to free markets and education, the rest is up to them and not the government.

[Uruhara]

in every country there must be poor and rich people, the role played by the poor in the economy is to be able to do jobs that cannot be done by rich people such as doing jobs that rely on labor and risky work because rich people will definitely not do jobs that are at great risk.

Rich people will even have difficulty in life if there are no poor people. Imagine if the rich built a very large stately home. Imagine if they didn't have any servants in the house, of course the rich would have a lot of trouble cleaning and taking care of their magnificent home. They even have to cut the grass in the large yard by their own hands. Bottom line Rich people sometimes they are very dependent on cheap services from people below. But so do people at the bottom, they also need job vacancies from rich people. So in essence both of them need each other. So between the rich and the poor both must respect and respect each other because they need each other. The market turnover is even faster because there are more consumers from the lower classes. Which means that the lower class also plays an important role in economic growth. especially in the flow of money circulation.

[EluguHcman]

This post ought to be a call for crisis between the Poor and the Rich.
The poor has no sustainability impact to the societies other than being used as a tool by the riches to replace machinery duties, suffering extortions and oppressions, intimidations, slavery and bullies

Or should I say death rates as a case to reduce populations brings sustainable impact to the society?
If yes, then cool.
The poor produces the highest death rates to impacts and sustains the societies by reducing it's population for the profitable allocations of the society to go round the rich as dead strikes these poor through a medium of starvation and poor nutritious foods, poor medications and no medical cares, low mentalities as a fact of no quality education.

As long poverty is not a good thing, there is absolutely no way a right can be made from the wrong.

[nyak_saif]

In what ways have the people living in poverty impacted in the economy?
Share your ideas on the importance of the poor masses in economy sustainability.

Very big influence on the economy, especially at the level of purchasing power. In my opinion, there are three kinds of poverty. poor capital, poor mentality, poor knowledge. If he is smart and has expertise. surely he will survive.

[xSkylarx]

in every country there must be poor and rich people, the role played by the poor in the economy is to be able to do jobs that cannot be done by rich people such as doing jobs that rely on labor and risky work because rich people will definitely not do jobs that are at great risk.

Rich people will even have difficulty in life if there are no poor people. Imagine if the rich built a very large stately home. Imagine if they didn't have any servants in the house, of course the rich would have a lot of trouble cleaning and taking care of their magnificent home. They even have to cut the grass in the large yard by their own hands. Bottom line Rich people sometimes they are very dependent on cheap services from people below. But so do people at the bottom, they also need job vacancies from rich people. So in essence both of them need each other. So between the rich and the poor both must respect and respect each other because they need each other. The market turnover is even faster because there are more consumers from the lower classes. Which means that the lower class also plays an important role in economic growth. especially in the flow of money circulation.

The poor sector is really the biggest consumer. Imagine that rich people have businesses like a store or supermarket, and most of the people purchasing from them are poor, meaning they are also gaining profit from the poor sector. It is really an exchange between both of them, and both have their own advantages. Right now, there is already a balance that both should have, but that doesn't mean that those poor people will stay there. Let's also strive more so that we can live a comfortable life.

[bakasabo]

Poor are those who control economy while being controlled. I mean that amount of poop people always prevails the amount of rich. They are all voters. Offer poor people a tiny benefit and he would vote for what you want, even though that could worsen their financial situation in future. Poor are the instrument, with which help rich influence on the economy.

[Crypt0Gore]

Poor people are great at making the rich even richer. That’s the purpose of their existence. They work in low paying jobs and they buy the shit they don’t need because they know they will never get rich saving money so they spend every penny they get. In most cases they don’t even have enough money left to spend after paying the rent and bills…

Mind trick playing games on them, poor isn't generally a bad thing, I said this because some found peace been poor, come to think of it, there is a much larger problems awaiting the rich people, most poor people are more happier than rich people, what they have is real apart from expensive things the rich can do with ease.

Poor man's mind is for how long is it going to take, this is why it's hard to advice a poor man to start investing, I've been there for some poor people, I saw what they are going through and I couldn't keep my eye off them, I tried to help, not with money but ways they can turn things around for themselves but they picture the journey as been too stressful.

Some poor people believe that the journey of turning things around for themselves is evil, because they will do things they don't want to do, sadly people with this set of mind still lives around me, there ain't no fixing for them, they are good the way they are.

Moreover, there are many businesses that are progressing today because of poor people, and some businessmen have said that in a country where there is a struggle is not good for companies that build costly items, you need to build affordable things for such people to use or consume. You are serving the poor people, a business man I know said this too. 

I think he is right, before coming up with a business idea, first look at your surroundings, don't build what people won't be able to afford.

Poor people have a bigger role they play in rich people's lives.

[Uruhara]

in every country there must be poor and rich people, the role played by the poor in the economy is to be able to do jobs that cannot be done by rich people such as doing jobs that rely on labor and risky work because rich people will definitely not do jobs that are at great risk.

Rich people will even have difficulty in life if there are no poor people. Imagine if the rich built a very large stately home. Imagine if they didn't have any servants in the house, of course the rich would have a lot of trouble cleaning and taking care of their magnificent home. They even have to cut the grass in the large yard by their own hands. Bottom line Rich people sometimes they are very dependent on cheap services from people below. But so do people at the bottom, they also need job vacancies from rich people. So in essence both of them need each other. So between the rich and the poor both must respect and respect each other because they need each other. The market turnover is even faster because there are more consumers from the lower classes. Which means that the lower class also plays an important role in economic growth. especially in the flow of money circulation.

The poor sector is really the biggest consumer. Imagine that rich people have businesses like a store or supermarket, and most of the people purchasing from them are poor, meaning they are also gaining profit from the poor sector. It is really an exchange between both of them, and both have their own advantages. Right now, there is already a balance that both should have, but that doesn't mean that those poor people will stay there. Let's also strive more so that we can live a comfortable life.

It is true that most consumers always come from the lower classes. And the rich do need these consumers. There is a process of reciprocity and mutual need in this economic process. And this is where there is a harmony between the two circles that are mutually beneficial to each other. Because both have their respective roles in economic growth.

[Wimex]

Poor people are great at making the rich even richer. That’s the purpose of their existence. They work in low paying jobs and they buy the shit they don’t need because they know they will never get rich saving money so they spend every penny they get. In most cases they don’t even have enough money left to spend after paying the rent and bills…

The worst thing about this situation is that despite the fact that poverty does not actually contribute at all to the growth of the economy, quite the contrary, the people in power prefer to keep it this way, for the same reason that You indicate, they get richer, and they may camouflage their true intentions trying to solve and support these individuals who live in stressful and uncomfortable circumstances, but it is not in their interest as such that they improve at all. The truth is sad, everyone should have the same opportunities, or even be able to have access to a good job that allows them to have a peaceful life. When the economy of a country increases, it theoretically becomes stable, and this happens when jobs are sufficient, if the whole society works, it allows the economy to flow and be maintained, and in addition to this, poverty decreases to such a degree that it is considered almost zero. I would call this achieving social balance, but to achieve that there must be less corruption and more contribution from the rulers.

[dothebeats]

Poor people are great at making the rich even richer. That’s the purpose of their existence. They work in low paying jobs and they buy the shit they don’t need because they know they will never get rich saving money so they spend every penny they get. In most cases they don’t even have enough money left to spend after paying the rent and bills…

The worst thing about this situation is that despite the fact that poverty does not actually contribute at all to the growth of the economy, quite the contrary, the people in power prefer to keep it this way, for the same reason that You indicate, they get richer, and they may camouflage their true intentions trying to solve and support these individuals who live in stressful and uncomfortable circumstances, but it is not in their interest as such that they improve at all. The truth is sad, everyone should have the same opportunities, or even be able to have access to a good job that allows them to have a peaceful life. When the economy of a country increases, it theoretically becomes stable, and this happens when jobs are sufficient, if the whole society works, it allows the economy to flow and be maintained, and in addition to this, poverty decreases to such a degree that it is considered almost zero. I would call this achieving social balance, but to achieve that there must be less corruption and more contribution from the rulers.

Unfortunately, this is true. The ones who work hard in the field, in factories, in dangerous places are mostly from the poor while the ones getting the most or earning the most from them are the rich. The rich will only get richer while the poor will word harder and harder but will only get what is given to them, which in most cases not even enough to pay their bills.

[Joshapat]

In what ways have the people living in poverty impacted in the economy?
Share your ideas on the importance of the poor masses in economy sustainability.

Many people think that poor people are the biggest problem, but we have to understand that without poor people there would be no life, no one would want to grow food crops, no one would want to work as a driver delivering groceries, no one would who want to sell food so that there will be no food on the dinner table, the poor have an important role in life.

[n0ne]

In what ways have the people living in poverty impacted in the economy?
Share your ideas on the importance of the poor masses in economy sustainability.

Many people think that poor people are the biggest problem, but we have to understand that without poor people there would be no life, no one would want to grow food crops, no one would want to work as a driver delivering groceries, no one would who want to sell food so that there will be no food on the dinner table, the poor have an important role in life.

Being a poor is different from what you've mentioned. All that said here isn't the life of a poor. According to collective data, being poor is unable to meet his basic needs. This includes food, clothing and shelter. If there is increase in the poor people, it means the unemployment in the country is on the rise. This is where government focus on organising different programs to make the poor people's life better. However the impact of the poor people in the economy creates negative thoughts, for this better solution is the distribution of wealth in right proposition than getting accumulated within specific people.

[Fivestar4everMVP]

In what ways have the people living in poverty impacted in the economy?
Share your ideas on the importance of the poor masses in economy sustainability.

Every country, no matter how good the economy is, and no matter how rich the country is, still have people that can be looked at as poor, even though it is possible that their poverty in that country equals being rich in another country where the economy is in a worst shape, they are still considered poor in that country as long as they are not living up to the standard the rich in that country lives, take Dubai for example, it is commonly said that Dubai is country for the rich, but if we go there, we will still find people that are considered poor by the rich people in Dubai.

 And like it or not, agree with it or not, poor people contribute to the economic growth in the society as well as the country at large, though it is always in their small way, a poor man who is not idle, that is , he works to earn money, is contributing to the economic growth of the country, for example, think of the farmer planting and harvesting crops, food items and taking it to the market to sell, such person is contributing to the growth of that country in terms of food security.

Again, think of the shoe maker, who makes your shoes and charge you, and you pay, that shoe maker is contributing to the growth of the economy in the show making industry, even though this seems insignificant, they are all significant in their little numbers.

[Latviand]

The people living in poverty line aren't supposed to exist, the role that they play in the economy is that they are an indicator that there's inefficiency and incompetence when it comes to how the people that's in power run a country's economy. Poverty isn't something that any person should experience even if they are the lowest of the low in a society, anyone should have the access to basic needs like food and shelter. Making sure that everyone has a fair headstart makes for a competitive society that strives for greatness.

Many people think that poor people are the biggest problem, but we have to understand that without poor people there would be no life, no one would want to grow food crops, no one would want to work as a driver delivering groceries, no one would who want to sell food so that there will be no food on the dinner table, the poor have an important role in life.

Your heart's in the right place but poor people is a generalization and not every farmer is poor. The people that thinks the poor is the problem are the type of people that doesn't think besides for themselves and lacks empathy. And the way you say it, the poor is being romanticized like they are the foundation of society when in reality it's the masses/labor force of a country.

[adultcrypto]

Poor are those who control economy while being controlled. I mean that amount of poop people always prevails the amount of rich. They are all voters. Offer poor people a tiny benefit and he would vote for what you want, even though that could worsen their financial situation in future. Poor are the instrument, with which help rich influence on the economy.

Thank you for this comment as it truly captures my view. The poor are the actual drivers of the economy. The farmers, construction workers, factory workers, sales personnel and indeed those doing most of the jobs are the people that sustain the economy.

Unfortunately, they are controlled by the rich, a tiny fraction of the population. There is a popular saying that the more strenuous the job is, the less the income that come from it. For instance, lawmakers in my country who are about 400 in number, appropriated to themselves $82 million to caution the effect of rising inflation while proposing $588 million for the rest of the population that are about 200 million people. These are people that do little that contribute to the wealth of the country. Their neither near production sites neither do they touch even the farm produce yet they take large share of the proceed. They make laws that are only applicable to the poor who they control.

[DanWalker]

The people living in poverty line aren't supposed to exist, the role that they play in the economy is that they are an indicator that there's inefficiency and incompetence when it comes to how the people that's in power run a country's economy. Poverty isn't something that any person should experience even if they are the lowest of the low in a society, anyone should have the access to basic needs like food and shelter. Making sure that everyone has a fair headstart makes for a competitive society that strives for greatness.

I understand what you are saying, the government is the one who has a big responsibility if the country has too many poor people and the economy is underdeveloped. But if poverty rates are only a handful in a country, the government cannot be blamed entirely. I mean, why don't you question, why the people around you live a full life while you are poor? Rich or poor depends on ourselves, if you are lazy and refuse to work, you cannot blame others for your poverty.

I usually don't blame anyone, because I know blaming won't make me better, I'll find a way out instead.

Many people think that poor people are the biggest problem, but we have to understand that without poor people there would be no life, no one would want to grow food crops, no one would want to work as a driver delivering groceries, no one would who want to sell food so that there will be no food on the dinner table, the poor have an important role in life.

Your heart's in the right place but poor people is a generalization and not every farmer is poor. The people that thinks the poor is the problem are the type of people that doesn't think besides for themselves and lacks empathy. And the way you say it, the poor is being romanticized like they are the foundation of society when in reality it's the masses/labor force of a country.

It is a mistake to think that farmers are poor people, they are even richer than office workers, business, if you live in my area. Just because they work in a struggle doesn't mean they don't have money. But society needs to have a gap between rich and poor, if everyone is equal, society will perish.

[Porfirii]

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It is a mistake to think that farmers are poor people, they are even richer than office workers, business, if you live in my area. Just because they work in a struggle doesn't mean they don't have money. But society needs to have a gap between rich and poor, if everyone is equal, society will perish.

You are right, the higher the number of office workers in a society, the lower the salary. I have witnessed several cases of lawyers who were paid the minimum legal wage, or even no salary in the case of interships (in Spain, contrary to what happens in the USA, for instance, legal or financial professions have little prestige).

About the gap you mention, I agree that it is necessary, but it must also be balanced. The dissapearance of the middle-class will have nefarious effects.

Back on OP's question, IMO the modern role of the poor in the economy nowadays is, surprisingly: to consume.

[Latviand]

The people living in poverty line aren't supposed to exist, the role that they play in the economy is that they are an indicator that there's inefficiency and incompetence when it comes to how the people that's in power run a country's economy. Poverty isn't something that any person should experience even if they are the lowest of the low in a society, anyone should have the access to basic needs like food and shelter. Making sure that everyone has a fair headstart makes for a competitive society that strives for greatness.

I understand what you are saying, the government is the one who has a big responsibility if the country has too many poor people and the economy is underdeveloped. But if poverty rates are only a handful in a country, the government cannot be blamed entirely. I mean, why don't you question, why the people around you live a full life while you are poor? Rich or poor depends on ourselves, if you are lazy and refuse to work, you cannot blame others for your poverty.

I usually don't blame anyone, because I know blaming won't make me better, I'll find a way out instead.

What the hell are you talking about? You're clearly saying that if there's a few poor people, we should just leave them in abject poverty. Didn't you read the last part of my post? I'll highlight it, see what part there did I talk about giving everything in silver platter to the poor people. Well, yes you don't blame for no reason but if someone is clearly not helping the people when it's their responsibility, will you just stand by and be neutral? Remember who's on the deepest part of hell?

Asking for accountability isn't blaming, people like you are brainwashed so when someone complains about something wrong in the system, you fight those who questions the system instead of joining them.

~

It is a mistake to think that farmers are poor people, they are even richer than office workers, business, if you live in my area. Just because they work in a struggle doesn't mean they don't have money. But society needs to have a gap between rich and poor, if everyone is equal, society will perish.

Yes, it's a mistake because you have a myopic perspective on things as do I in this context. I didn't generalize that all farmers are poor but that's where you went. It's a matter of perspective I guess, you haven't seen or heard of farmers drowning in debt from paying their fertilizers and having their crops underpaid by the markets that they have no choice but to sell there, or the farmers who got massacred because they asked for a piece of land that they've been promised if they work on it. So yeah, not all farmers are poor and not all farmers rich. Are you also saying that there shouldn't be equal opportunity for everyone at the start in the last part of the sentence? And yeah, what made you think that an equal structure in hierarchy will lead to a collapse? Is there an empirical evidence of that?

[superman184]

Many people think that poor people are the biggest problem, but we have to understand that without poor people there would be no life, no one would want to grow food crops, no one would want to work as a driver delivering groceries, no one would who want to sell food so that there will be no food on the dinner table, the poor have an important role in life.

That's life, everyone will need each other in various ways so that rich people who already have lots of factories and agricultural land will still need poor people to be employed there. And it is also very suitable for those who are poor because they are in need of a job to be able to survive longer, so needing each other like this is what makes balance in life always exist and be maintained. But if one day the rich are able to use other tools such as robots, for example, perhaps the poor will no longer be used by the rich or factory and company owners. Except for only a few as operator officers.