1. Basic Needs:
Hunger and Malnutrition:
Poverty often leads to food insecurity and malnutrition, especially among children, hindering their physical and cognitive development.
Poor Health:
Lack of access to healthcare, clean water, and sanitation exacerbates health problems and reduces life expectancy.
Lack of Shelter:
Many people living in poverty lack adequate housing, leading to overcrowding, exposure to the elements, and increased risk of disease.
2. Education and Skills:
Limited Access to Education:
Poverty can prevent children from attending school, hindering their future prospects and perpetuating the cycle of poverty.
Lack of Skills:
Limited access to education and training opportunities can make it difficult for people to find employment and improve their economic situation.
3. Economic Opportunities:
Lack of Employment:
Poverty often leads to unemployment or low-paying jobs, making it difficult for people to earn a decent living.
Limited Access to Credit:
Poor people often struggle to access financial services like loans, which can hinder their ability to start businesses or invest in their future.
4. Social Exclusion:
Discrimination and Stigma:
People living in poverty may face discrimination and social exclusion, limiting their opportunities and undermining their dignity.
Lack of Social Networks:
Poverty can isolate people from social networks, further limiting their access to resources and opportunities.
5. Vulnerability to External Shocks:
Climate Change:
Poverty makes people more vulnerable to the impacts of climate change, such as droughts, floods, and extreme weather events.
Global Economic Disruptions:
Economic crises and other global events can disproportionately affect the poor, exacerbating their vulnerability.
Conflicts and Displacement:
Poverty and conflict can create a vicious cycle, with poverty leading to instability and conflict, and conflict further impoverishing communities.