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Income Poverty

The concept of income poverty is based on an individual’s or household’s lack of economic resources to secure basic necessities to maintain a minimum standard of living, as measured by the poverty line. The existence and perpetuation of income poverty in a country are not desirable. The conditions that fuel its existence—low levels of education; inequity and social exclusion; vulnerability as a result of age, gender, disability; and extreme weather conditions—cannot be left unaddressed if a county aspires to achieve growth and development. Lessons from countries that have effectively tackled income poverty may be useful. Corrective measures to mitigate income poverty include increases in activities that foster economic growth, provision of social safety nets, reducing inequality and social exclusion, promoting educational opportunities, and developing disaster-management ...

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