Poverty in Less Developed Countries

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Poverty in Developing and Less Developed Countries

The world includes less developed countries and developing countries.

Less developed countries are countries considered to be poor and often

contain many people who are in absolute poverty. Developing countries

are countries like India, which are gaining in wealth.

There are two types of poverty within the world. Absolute poverty is

where people don't have enough money to provide standard living

conditions for themselves and characteristics of substandard lives are

disease, malnutrition, and low-life expectancy. Relative poverty is

where a person is considered poor in relation to the average wealth

held in their society.

Poverty is a major problem within the developing world. The developing

world holds 75% of the world's population yet only 20% of the world's

wealth. This presents a problem and the shortage of money leads them

into the vicious circle of poverty, where one factor leads to another

and eventually the situation spirals to terrible extents.

Natural ...

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