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Causes Of Poverty - Business - Nairaland

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Causes Of Poverty by winta2007(m): 1:27pm On Oct 16, 2009
Poverty is the state for the majority of the world’s people and nations. Why is this? Is it enough to blame poor people for their own predicament? Have they been lazy, made poor decisions, and been solely responsible for their plight? What about their governments? Have they pursued policies that actually harm successful development? Such causes of poverty and inequality are no doubt real. But deeper and more global causes of poverty are often less discussed.

Behind the increasing interconnectedness promised by globalization are global decisions, policies, and practices. These are typically influenced, driven, or formulated by the rich and powerful. These can be leaders of rich countries or other global actors such as multinational corporations, institutions, and influential people.

In the face of such enormous external influence, the governments of poor nations and their people are often powerless. As a result, in the global context, a few get wealthy while the majority struggle.
Re: Causes Of Poverty by bunno: 1:45pm On Oct 17, 2009
i think the main cause of poverty is not having the guts to take risk
Re: Causes Of Poverty by cashwealth: 3:12pm On Oct 17, 2009
Thats true

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