this presentation is related to poverty submitted by muhammad waseem afridi,syed ameer zaib the students of Bs.Economics abdul wali khan university mardan...
1. Presentation topic: poverty
presentation group members names
1.syed Ameer Zaib khan
2.hamza Munir
3.Muhammad Waseem
4.Muhammad yaseen
5.numan ali
semester: 4th.
Department of Economics Abdul wali khan university Mardan garden (campus).
3. Introduction
• Poverty is a state or circumstance in which a person or a society lacks
financial resources as well as the needs of life.
• Poverty is defined as a level of income derived through work that is in
sufficient to support human basic needs.
• Poor persons and families may lack enough shelter, safe drinking wate
r, nutritious food, and medical care.
4. Kinds of poverty.
Mostly there are two types of poverty.
Absolute poverty:
This refers to a person's inability to meet the basic needs, health, and efficiency due to a lack of income or
assets.
In absolute poverty total number of people living below poverty line is called absolute poverty.
Poverty line:
A person is considered poor if his or her income level falls below some minimum level necessary to meet
basic needs. This minimum level is usually called the poverty line.
Relatively poverty:
On the basis of comparison to other peoples, region, and nations is called relative poverty.
5. 2.relationship of poverty with unemployment:
Unemployment and poverty have a clear and positive relationship. Poverty leads to unemployment, and
unemployment leads to poverty. Unemployed people are unable to earn an income or provide for their
families' fundamental necessities. He and his family are unable to receive a good education, access to
medical care, or develop income-generating assets. This condition frequently leads to debt. As a result,
the unemployed overstate their families' poverty as a result of debt. This leads to the conclusion that
unemployment and poverty are linked. If the government wants to help people get out of poverty, it
should concentrate on providing new jobs. As a result, more individuals will be working, and their
earnings may rise. Their access to good education, improved health care, and other fundamental
necessities will improve as their income rises. Furthermore, these newly hired individuals will be valued
in terms of living conditions and will be able to generate cash. Poverty reduction is the outcome of
combining all of these variables. As a result, unemployment and poverty have a strong relation.
6. 3.Poverty in Pakistan
According to a report submitted to the National Assembly of Pakistan by the Ministry of Planning and
Development, approximately 29.5 percent of the population, or about 5.5 million people, live in poverty.
According to figures from the Asian Development Bank (ADB), 24.5 percent of Pakistan's population was
living in poverty in 2015. This demonstrates that poverty is rising year after year, and that if the government do
not take effective measures, it will have important impacts.
Many individuals lack a basic of life. They don't have access to basic shelter or homes. Slow economic growth
benefits the poor. People find it difficult to afford vital commodities due to high tariffs and taxes on fundamental
products. They don't have the money to pay for electricity and gas bills. People are required to receive help
from expensive private hospitals since most government hospitals are not working well, and they cannot afford
the high medical fees and medical facilities. Children are forced to work at low salaries rather than receive a
high-quality education in order to support family needs.
In most situations, businesses and organizations while paying their employees low salaries. Furthermore, povert
y has increased as a result of Covid-
19, as most individuals lose their employment and have no source of income for several months.
The government should formulate some action plans to overcome the difficulties faced by the poor. The
government needs to provide credit facilities and use labor-intensive production technologies to reduce poverty.
In addition, the government should provide electricity and gas subsidies to people living below the poverty line.
The government should control the public hospital system so that citizens are not burdened by the high costs of
private hospitals. Furthermore, the government should fight child labor and encourage free education for these
kids.
7. Facts and figures
•Pakistan poverty rate for 2015 was 75.60%, a 4% decline from 2013.
•Pakistan poverty rate for 2013 was 79.60%, a 4% decline from 2011.
•Pakistan poverty rate for 2011 was 83.60%, a 1.5% decline from 2010.
•Pakistan poverty rate for 2010 was 85.10%, a 1.1% decline from 2007.
8. 4.causes of poverty:
Following are the main causes of poverty:
1. Unemployment:
The constant increase of our country's unemployed population is one of the key purposes of poverty. The
quantity of job applicants has exceeded the quantity of job openings.
2. Increase rate of rising population:
The population has increased at an incredible speed of 2.2 percent each year during the last 45 years. The
demand for consumer products has risen recently as a result of an average yearly population increase of
around 17 million people.
3. Less productivity in agriculture:
Agriculture has a poor level of production due to property split and distribution, a lack of capital, the use of
traditional farming methods, and illiteracy. This is the single element that contributes to the country's
poverty.
4. A short rate of economic development:
The rate of economic development is extremely slow, and this must be done to achieve a good level. As a
result, there is still a gap between supply and demand for products and services. Poverty is the final effect.
9. 5.Solution of poverty/remedies to overcome the
poverty in Pakistan:
Promote industrialization.
Replacement of the traditional agriculture, high machinery etc.
Equipment with new scientific equipment's in order to increase the yield.
Establishment of justices and equability.
Equal distribution of resources.
Merit should be the upshot strategy in all walks of life.
Controlling of inflation and other economics indicators and regulators.
Developing investment friendly environment.
Giving more facilities and concession to the foreign investors.
Dumping extremism and feudalism.
Establishing more and more technical institute in order to get peoples well skilled.
Prevalence of education.
Provision of jobs opportunities.