POVERTY

It is very important to know how to define poverty and to differentiate it from its different types. The most common way to define poverty is that poverty means that the income level from employment is so low that basic human needs can't be met. Poverty is abroad term with different definitions that come with different or various types of poverty such as; Absolute and Relative poverty, material and multiple deprivation and social exclusion.

As shocking as it might sound but there are a lot of benefits that come with poverty that most people do not even notice most of the time. Poverty benefits individuals in a way that the, poor serve as reference points–guaranteeing status of those who aren't poor. Helping others achieve more mostly by buying their products. Although poverty brings worse to the community than good, it still benefits it greatly. In the society or community, Poverty helps with the recycling of goods. A population of poor helps uphold conventional norms which benefits the community.