Facts that lead to poverty Third World

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Poverty occurs in most parts of the world. Nevertheless, the more serious and problematical poverty takes part in the third world and the southern parts of the globe. First of all, we have to clearly define the word “poverty”. In a broad sense, it means that people within this “poverty” region are poor or have a lower average income per capita than other regions. To a deeper approach, we refer “poverty” as people have low …

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…We can see that Third World and southern countries like Africa and Indonesia are still facing the problem of poverty. In order to work their way out, the governments should apply some appropriate policies and economic applications to overcome the problem. On the other hand, the richer states or more developed countries should provide the necessary financial aid to those poorer countries. They should work hand-to-hand in order to strengthen the global benefit and interest.