Poverty And Unemployment Flashcards, test questions and answers
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What is Poverty And Unemployment?
Poverty and unemployment are two of the most pressing issues facing society today. Poverty is a lack of basic necessities such as food, shelter, and clothing due to an inability to afford them. Unemployment is a lack of employment or job opportunities for individuals who are willing and able to work. Both poverty and unemployment have far-reaching implications for individuals, families, communities, and even entire nations. The effects of poverty on individuals can be severe, with long-term impacts that can last a lifetime. Poor access to safe housing can result in chronic health problems due to inadequate hygiene or exposure to environmental hazards. Limited access to healthcare results in poorer health outcomes overall. Without enough nutritious food, people can become malnourished which affects both physical health as well as mental development in children. In addition, poverty limits educational opportunities which further contributes to a cycle of poverty by reducing the ability of people within it from ever escaping it by obtaining higher paying jobs or professions that require education beyond high school level. Unemployment also has significant effects on both individuals and society at large. Individuals who are unemployed often suffer from depression due to their inability to provide for themselves or their families financially which can lead them into further financial difficulties if not addressed properly. This kind of instability creates insecurity about one’s future prospects leading some unemployed people towards criminal activity or even suicide out of desperation in some cases. On top of this social stigma associated with being unemployed leads many people into feelings of worthlessness or inadequacy making it difficult for these individuals reintegrate back into working life when job availability arises again. Society as whole also pays the price for high levels of poverty and unemployment; crime rates tend increase when there is greater economic inequality among citizens due these kinds issues not being adequately managed resulting in lessened trust between citizens and government institutions charged with protecting them. In addition government expenditure on social welfare programs increases drastically when population living below the poverty line grows significantly creating further strain on public budgets already stretched thin by other obligations such providing necessary services like defense spending etc. In conclusion tackling poverty and unemployment requires well coordinated strategies involving both private sector initiatives aimed at creating new job opportunities while simultaneously providing adequate social safety nets through government programs designed ensure minimal living standards especially those living below the official national income level established by governments.