Getting an education is crucial for overcoming personal hardship (Miller et al. 2015). One opens up new revenue streams as they pursue schooling. With education, one can pursue a variety of vocations that can serve as an income source, so eradicating poverty.
Fighting poverty involves preventing high birthrates among those who are not in solid financial circumstances (Haas, 2013). One should only have children for those they can provide for all of their needs. One will be able to save money if they have fewer children because it will lower their everyday expenses. Efficient management of resources is also another way to avoid poverty. If one manages what they have well without wastage, they will not run out of resources for use hence avoiding poverty (Haas, 2013). Time is also an important resource and should be managed wisely since if one invests time in working enough income to sustain livelihood will be earned hence fighting poverty.
How social variables affect poverty rates
Social variables such as Religion, gender, age, and level of education affect poverty rates. Religion dictates the livelihood of the society. It controls issues like educational attainment, marriage and number of children to have. These factors affect the household income. For instance, where religion advocates many children, the families might end up in poverty if they are not financially stable (Haas, 2013). Gender affects poverty rate in the sense that there is a wage gap between men and women. The two might do a similar job, but the females might be overlooked regarding returns and vice versa (O’Leary & Frew, 2017). On education level, the more educated are likely to have higher incomes than less educated. Those that lack education entirely might experience extreme poverty (O’Leary & Frew, 2017). Finally, age affects poverty rates since the elderly who are unable to work with no source of income may end up poor.
References
Haas, M. C. (2013). Poverty in the U.S. And the Supplemental Poverty Measure. New York: Nova Science Publishers, Inc.
Miller, R. J., De Haymes, M. V., & Haymes, S. N. (2015). The Routledge Handbook of Poverty in the United States. Abingdon, Oxon: Routledge.
O'Leary, A., & Frew, P. M. (2017). Poverty in the United States: Women’s Voices. New York, NY: Springer.
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