Topic 25: Poverty, wealth, and inequality

Topic 25: Poverty, wealth, and inequality

1. Economic Changes

   • Inequality in the world, has increased markedly in recent years.
   • One of the factors that determine the gaps between poor and rich countries is the difficulty of having some nations to pay their external debts because of inflation and unemployment increased.
   • The economic changes were accompanied by important technological changes: microelectronics, information technology, telecommunications.
     • This phenomenon was called the Third Industrial Revolution.

2. The wealth in the World

   • The richest countries, which form the Organization for Economic Cooperation and Development (OECD), concentrate an overwhelming proportion of technology, capitals, markets and industrial production.
   • Developed countries consume a proportion of fuels and other energy sources around the world, much larger than their population.

3. How is poverty measured?

   • It could be measured in two metods
     • Method 1
       • The poverty line has been defined in one dollar a day per person. That means that with that value a person has only minimal survival conditions
       • In poor countries, 1.3 billion people live on less than a dollar a day.
     • Method 2
       • This metod, is for steps
       • First step: Preparation of a basket that consist of basic and frequently used foods, which have sufficient calories required by the World Health Organization (WHO).
       • Second step: In this case it is said that they are poor, not indigent. In addition to food, these basic needs also

4. Socities of waste

   • The main cause of poverty and the concentration of world wealth is the inequality of opportunities for people in poor countries to access the knowledge society.

5. Overcome Party

   • The social organization allows the people to move forward with their own forces.
   • The main key is in the villages that must organize to claim their rights.

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