Poverty is the condition of insufficient resources and lacking fulfillment of fundamental human needs such as, adequate nutrition, clean water, clothing, and shelter and health services. Some of the devastating effects of extreme poverty include protein-energy malnutrition, several severe vitamin and mineral deficiencies, rampant infectious diseases, and depression and anxiety disorders. Also, the poor often involve themselves in criminal activities out of desperation, anger and an urgent need for money.
Therefore there is a significant need to reduce this poverty around the world before it is too late. It is every citizen’s responsibility to create a system through which the poor can acquire the necessary resources, reduce their vulnerability and attain a minimally acceptable level of existence.
The government’s inefficiency and incompetence can also lead to heavy, unsettled debts that bring the nation’s already weak economy to a standstill. In order to shift from crisis to rehabilitation, poor countries need to be relieved of their debts first, so that they can invest more in education and health. These countries should maintain the momentum of the Heavily Indebted Poor Countries (HIPC) Initiative - under which the IMF, the World Bank and the industrialised countries –the “loan sharks”- act together to reduce the debt to manageable levels. In return, the governments of these countries agree to adopt economic policies which will bring sustainable benefits to the poor.
Now, let us see how education can eradicate poverty. It has been found that people living in households headed by persons with no education
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