Poverty, is a state of being in which a person or community lacks the financial resources or material possessions to meet their basic needs for food, shelter, clothing, and healthcare. Poverty can be caused by a variety of factors, including unemployment, low wages, lack of education, discrimination, and systemic inequality.
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Development, is the multidimensional process which involves positive change an economic, social, political and physical structure as well as value and ways of life of people.
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The following are the linkage between poverty and development.
Inadequate of access to education, poverty often leads to a lack of access to education, which in turn hinders development. Without education, individuals are unable to acquire the skills and knowledge necessary to improve their economic situation and contribute to the growth of their communities. Some of the factors driving a lack of access to education: There aren’t enough schools, There is a low value of education, The geographical location is not ideal for schooling, Many families cannot afford school and are oftentimes forced into child labor.
Limited access to healthcare, the limited availability of health care resources is another barrier that may reduce access to health services and increase the risk of poor health outcomes. Poverty also limits access to healthcare, which can lead to increased illness and disease. This can result in decreased productivity and increased healthcare costs, further perpetuating the cycle of poverty.
Limited access to clean water and sanitation, poverty often results in limited access to clean water and sanitation facilities, which can lead to a range of health problems. These health problems can further exacerbate poverty by reducing productivity and increasing healthcare costs.
Limited access to financial resources, lack of finance is a situation where one market segment (customers, small businesses, traders) lack adequate access to capital at reasonable rates in order to either finance their core business activities or expand their business represents a real hindrance to market growth. Poverty often limits access to financial resources, including credit and savings accounts. This can make it difficult for individuals and businesses to invest in their own growth and development.
Inadequate of infrastructure, is a constraint on growth worldwide, particularly in developing countries. Infrastructure services are often inadequate to meet demand, resulting in congestion or service rationing. Infrastructure services are also often of low quality or reliability, while many areas are simply unserved. Poverty often leads to a lack of infrastructure including roads, bridges, and public transportation. This can hinder economic growth by making it difficult for businesses to transport goods and services and for individuals to access job opportunities.
Limited political power, poverty often leads to limited political power as those living in poverty may lack the resources or education necessary to advocate for themselves. This can result in policies that do not adequately address the needs of those living in poverty further perpetuating the cycle of poverty and hindering development.
Conclusion, A poverty is not the problem of a person but of the whole nation. Also, it should be deal with on an urgent basis by the implementation of effective measures. In addition eradication of poverty has become necessary for the sustainable and inclusive growth of people, society, country, and economy.
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