What roles does the poor play in the Economy?

[Mr.right85]

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.

If I can’t say much on this then I’ll tell you only one thing,
The rich thrives on the poor. Without the poor, the rich can’t survive or stay in their status.

That’s how vital the poor are for a stable society. They actually create the wealth many enjoy by buying in bits and pulling up their resources both human and natural to make systems work.

It’s a good thing everyone can’t be rich but, we do hope for less suffering in our world at least. Means to a near comfortable dwelling for many.

[AmoreJaz]

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.

Rich people can't live without poor people as they will hire them to work and serve them. It was the fact that the poor people can't be eliminated in the community, they still exist because even though they wanted to improve their living but their thought about being contented to work with rich people who were also good to them, they stop dreaming big. Their labor participation helps the economy become sustainable as their role is to give service who are in need and we give thanks to them. That is why we must also be kind to them, not by taking advantage of their status.

there are so many jobs for them that rich or middle-income families don't want to get a dip on. so yeah, everyone needs the service of the low-income earners. and sometimes, it is the source of some abuse from their respective employers. as they don't have the education, some are taking advantage of their lack of understanding of their rights.
small shops requiring person/s to attend to, housekeepers, construction workers and other blue-collar jobs, they need these people. if all are rich, who would take those jobs? this is why they are also important to our community.

[panganib999]

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.

The poor bears the brunt of the whole hierarchy. It might comes as a surprise to everyone, but the poor pays all. Let me explain how.

We all know that stuff is twice as expensive if you're poor, since you'll be forced to buy products and services that aren't that great, and when they fall short and break you'd have to buy them again and again. They also are one of the biggest consumers in the market, surprisingly. Since compared to middle-class and rich people who could purchase services and products with money they could take a loan out of in the bank (which is still money generated anyway but I digress), the poor will always be forced to buy stuff with cash and facilitate monetary circulation. They also are the easiest to please out of the three since you just need to give them the basic necessities for survival and they're all set.

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.

[Wend]

But another major thing that I believe the poor usually offer to society is cheap labor. That's to say, since they don't have money, they will likely do work that requires a higher pay and take a low pay as payment since they are, at some point, just after any payment that can just foot their bills for that day.

True, when people don't have high-paying skills, they can still do simple jobs (but with low salaries). Without people who take that kind of job, the economy would slow down or maybe the society would even crumble. If no one cleans streets, toilets, etc., it would be a disaster. Also, most people are poor at some point in their life, and they can escape poverty by continuously learning and working hard. In other words, it serves as competition and competition is good for the economy.

I have a thought, if according to what you say, our world needs poor people, they play an important role in developing a country. Because without them, there would be no one willing to do the jobs you mentioned, and society would go into chaos. Is the government and the rich making this world more divided, and is the gap between rich and poor becoming more prominent? That way, there will always be poor people to work with, and that's how the world works today.

[Y3shot]

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.

What role do you expect the poor to play? When they can't even help to pull themselves out from their poor state of living.  I expected you ask what is the role of the government to poor people in bad economy. Poor  people have no role to play to make the economy better, instead the government gave so much role to play to make the economy better which will reduce the rate of poverty in the society.  Poor people needs empowerment and it is never their fault to be poor but it could be the fault of the government most times.

[Nwada001]

What are you even saying, @OP?

I don't see anything wrong with the OP's question. Like you have already said, everyone has their own role in society, like the poor in the economic development of a nation. So the OP just wants to know the exact position of poor countries poor citizens in a nation.
 

What is the government of their country doing to help eradicate the poverty of those people?.

I always argue that poverty can't be completely eradicated in an entire nation; no matter how hard the government of a nation tries, they can only reduce the poverty rate of that country, but they can't eradicate poverty. China tried to eradicate poverty, which they have not completely achieved. Last time I checked the track, it was still in the range of 2-1.7%. Even when the government tries its best, there are still citizens who are not willing to do the little they could have done to lift themselves out of that level. The government has a primary role to play in poverty reduction, as do the citizens; it's a right-hand-help-left-hand kind of thing.

[JeffBrad12]

as much as unfortunate it is, the poor people are quite literally the workforce that keeps the economy running.
their roles are really important, since without them whos gonna be doing all that heavy works?
even then they are poor for reason, one of them because their works never really being "considered" and thus their low salary.
here's the thing,without them, economy will fall, no one does the job that these so called educated people would not want to do.
they are the reason the economy keeps running.

[Vaskiy]

What role does the rich one or the citizens of a country holds will be there with the poor people. Every country have got particular amount as debt and we used to make calculations how much each one needs to pay, so that the debt can be ended. Here the poor people will also have the same amount as the rich ones. When there is increase in the poor people, it means the government is not good in its role and the wealth distribution isn't happening around. In most of the countries it is the problem, the poor people will be hidden from the outer world and the growth of specific percentage of rich people on the top order were considered as the growth of the country. This is completely wrong. A country's growth should come out of the combined progress, few individuals growing their wealth in terms of 2000% and 3000% and poor people increasing in numbers on the same way on the other side is the worst of any economy.

[SmartGold01]

Those who are poor has one way or the other to help the economy, know one thing that people who are poor are not dum or aren't educated, some people might be teaching in schools be it Creche, Nursery and primarily or even secondary we still have some poor teachers over there they are helping to impact on the society. When classifying poor there are categories of poverty, poor helps in cleaning some drainages and repairing some bad road in order to get paid. This is common in part of my country, so they are being classified as poor beggers yet are really helping the country.

[mu_enrico]

Is the government and the rich making this world more divided, and is the gap between rich and poor becoming more prominent? That way, there will always be poor people to work with, and that's how the world works today.

I don't think it's by design tho, but just naturally happens. People have different skills and some skills get paid more while some get paid less. Even if let's say everyone gets the same training for a position/job, people would want the best to fill the position. It means competition and the less competitive would fill the lower-paying bracket, aka look for another job.

[Darker45]

Huge! The poor masses have so vital a function in the economy. In the first place, they are the milking cows of businessmen. I can only speak for my country, though.

Here, the masses comprise the huge consuming public. The capitalists here are providing products which are mainly adjusted to the lifestyle of the masses. The masses are poor. They can't buy goods in large amounts, for example, so everything are offered in tiny amounts, in sachets, in little packets.

Moreover, these poor masses are the ones who can easily be exploited as cheap labor force. Businesses here offer tiring jobs with very low compensation. The masses can't easily complain because they need to eat. Jobs are scarce. It would be a larger disaster for the worker and his/her family if he/she is kicked out because of whining. 

Another thing, the regulators can't just fight for the welfare of the poor masses. They're paid. The leaders? They're also on the payroll.

[siniminomorocomunisakito]

Huge! The poor masses have so vital a function in the economy. In the first place, they are the milking cows of businessmen. I can only speak for my country, though.

That's the art of life, sir. For example, for the completion of work that is manpower in nature, you definitely need the name of a worker who can complete the job according to the required technical specifications. Now. what I'm thinking now is whether there are rich people who want to work like poor people. Of course not the answer. Because their social status is the same. that's why rich people must also have taste, don't ever think they are their cash cows.

[xSkylarx]

Manpower, or employees, is really the role of us—the work force to run the business or even the government, even if they are not regular on their work, is still a big factor. Let's say the contractual employees in government tend to finish a project without them; those regular employees in the government can't do it without them, as well as making buildings and roads. Any kind of stuff that needs people to build is because of us. Just imagine if all were rich. Who is going to do those things?

[Darker45]

Huge! The poor masses have so vital a function in the economy. In the first place, they are the milking cows of businessmen. I can only speak for my country, though.

That's the art of life, sir. For example, for the completion of work that is manpower in nature, you definitely need the name of a worker who can complete the job according to the required technical specifications. Now. what I'm thinking now is whether there are rich people who want to work like poor people. Of course not the answer. Because their social status is the same. that's why rich people must also have taste, don't ever think they are their cash cows.

That's not art for me. I'm seeing exploitation, oppression. But I'm not simply speaking of laborers working. That's not necessarily unfair. They got their level of skills. They gotta find work where they function best. That's all right provided they're not overworked in an unsafe and inhuman condition, and extremely underpaid.

How can you not consider the masses the cash cows of businesses when they are comprising almost 60% of the entire population?

[Despairo]

The poor people do give major contribution in the economy, maybe all we know the poor people are just an expense for the government, but it's actually opposite from what you've thought.

Poor people don't have money to buy something expensive with cash, they will choose credit and they need to pay interest. Poor people like smoking, drunk and drug, they're make the companies become rich and the companies will pay income tax. Poor people can't enter university and they don't mind to get paid lower than minimum salary on the country where they live, etc.

Either poor people and rich people are make the government rich, but middle class people don't give a lot contribution.

[demonica]

Not necessarily means poor but the average people (usually lower to lower middle class) are usually the ones who provides labor. Without these people, businesses won't function, because who will do the work for those businesses? They offer their skills either by using their body or their knowledge. I think that's the role that majority is providing for the economy. Another thing is that they act as the end consumer for those businesses. They are usually the target customers that buy goods to stores that helps the businesses in making sales.

[TheUltraElite]

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.

It means a votebank is there to appease and raise votes and sustain the same governance over years to come and that the middle class would suffer from it.

Majority of democratic countries run like this, they identify minority groups, poor and less educated populations living in their own superstitions. This leads to the following groups not improving themselves but instead spending their votes on a shit governance that cannot be toppled at all and further worsening of their conditions.

This is how minority politics work, the poor remain poor while the rich remain rich, the middle class always suffers. Thus economic struggle continues as it started.

[killerfrost]

In what ways have the people living in poverty impacted in the economy?

I want to look at this issue more openly about a specific audience, because OP's question is really misleading, I can see how the poor play an important role in the economy, because as they are part of the labor force and consumption of the economy, that may be limited by poor luck in accessing the economic resources and infrastructure needed to sustain life. The poor can provide a source of cheap labor that businesses can use to produce products and services at a lower cost, and this can help increase competitiveness and reduce costs for consumers use.
And the poor can also create a consumer market for cheap goods and services to meet their consumption needs. In particular, in some cases, the poor may have difficulty accessing the resources needed to develop their economy and improve their quality of life. Therefore, social and economic policies designed to support the poor, help them develop their economies, access employment opportunities and address health and infrastructure problems are very important.

[irhact]

If I can’t say much on this then I’ll tell you only one thing,
The rich thrives on the poor. Without the poor, the rich can’t survive or stay in their status.

That’s how vital the poor are for a stable society. They actually create the wealth many enjoy by buying in bits and pulling up their resources both human and natural to make systems work.

It’s a good thing everyone can’t be rich but, we do hope for less suffering in our world at least. Means to a near comfortable dwelling for many.

If everyone was rich then who will do the dirty jobs, take for example the Mexicans in America, they're the ones doing the dirty and low paying jobs. If the Mexican and other migrants didn't go to the America then the streets will be dirty, factories jobs and other minor jobs that this migrants do won't have been done and the economy will be on a hold. The poor are needed in every economy and might be the most important class of wealth in an economy.

If everybody was rich then there won't be helpers in the rich mansion and public servants to help the society stay secure and in order. The poor plays the rules of maintaining the economy, they're the ones the government taxes because the rich has found a way to avoid taxes.

[superman184]

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.

The poor masses are always more easily exploited by those who are already rich. For example, when a boss or owner of a certain company is in need of several employees for certain positions within the company. Of course the company will prefer poor people to work in the positions it needs if indeed the poor people have the skills needed.

That is a very real impact on the poor masses in this world, apart from that there are also other impacts such as those who are still poor will be forced to work every day in order to be able to make money in their life. And this will certainly have an impact on the economy which will continue to rotate every day in all communities. I think those are the only two impacts that can arise from the large number of poor masses in this world