Across the globe, wealthy people are growing wealthier while impoverished people are becoming poorer. There are various reasons for the establishment of inequality in the world, but individuals and authorities can take some actions to decrease this problem. In this essay, I will elaborate on the causes and solutions of poverty.
To commence with, there is a vast number of causes that are responsible for creating differences in society based on financial status. Firstly, urbanisation is a prime factor for this problem, as lots of people move into cities for education and employment. Due to this, there is a shortage of housing, which will create a high cost of living that everyone can not afford, and it will lead to homelessness. Therefore, rich people can handle the utilities of an expensive house, while poor people can not manage this amount, as a result, they becoming poorer in the world. Secondly, unemployment is another responsible factor for the establishment of an unequal community. Some individuals are not getting a job after applying at various workplaces, then they are not handling the financial requirements of the family. They are facing a financial crisis and come under the poverty line.
There are many solutions to overcome the poverty issues globally. To begin with, the government should make a scheme or rin campaign for helping the poor community. They could provide free or low-cost housing facilities in certain areas. For instance, the prime minister of India launches the scheme, which provides free housing to needy people. Moreover, employer and authorities organise job fairs, as well as arrange seminars for unemployed people on how to mitigate the poverty issue.