Assignment Example | Topics and Well Written Essays - 500 words - 179

Assignment ExampleThe topic of reciprocation is indigence. Poverty refers to condition where an individual is deficient of some material possession (Espejo, 2012). It is a situation where individuals cannot get wind basic needs, that is, food, shelter and clothing. In general poverty is comprised of two typesAbsolute poverty-is where individuals are unable to rustle the bare minimum essential for provision of his basic needs in a particular field of battle (Espejo, 2012). It attempts to measure individuals ability to afford living in a particular area. Those persons who cannot refer the bare minimum required to provide basic needs in a specific persona are considered to be living in absolute poverty.Context of the problem is why dandy poverty is just for a country. Millions of adults and children in most countries around the world live in extreme poverty. They casing economic hardship. Cutting on overall rate of poverty is thereby a public good that will come as a benefit t o citizens of a country at all income level. minify nations poverty level will save a country economy zillion dollars as it saves the government limited resources that would be channeled to poverty related issues such as health complaint costs and criminal-justice expenditures (Sachs, 2005). The resources saved could be used to invest in areas that promote economic growth.Multinational companies-these companies become a role of addressing pressing social problems such as absolute poverty in forces countries. Multinational corporations play a big role in eradicating poverty by providing employment to citizens, combat-ready in community development projects and industrial training programmers to the youths.External development partners majorly comprise of World beach and International Monetary Fund (IMF).These institutions work to connect extensively their lending operations to the country strategies and measures for cutting poverty.IMF and World Bank also offer policy advice