Factors of Poverty
These are the factors that perpetuate poverty in the US and communities around the world
We have identified 25 common factors that perpetuate or are responsible for the widespread poverty across the globe and for the massive income inequality and economic distress—the last two of which are experienced by more than 70% of Americans.
To solve poverty in any given community, we must eliminate all the major factors of poverty in that community, or else poverty and crippling inequality will continue to devastate our communities, as has happened time and again consistently.All the 25 factors of poverty don’t exist in every impoverished or economically depressed community,
and some of the factors, even when present in a community, may or may not be among the original causes of poverty in that community.
But we know that the factors either make poverty lasts indefinitely or they prolong economic distress for a majority of residents in the areas where the factors are found.
The factors of poverty follow:
- A lack of rewarding education for rewarding careers
- Inferior and inaccessible K–12 education
- Insufficient middle-income and high-income careers
- Insufficient cognitive bandwidth and time bandwidth for self advancement
- Mass incarceration
- Drug addiction and drug trafficking (and reckless drug dispersion through legal institutions) and the related problems they trigger
- Lack of purpose (or disinterest in a rewarding career or path to prosperity)
- Nonexistent or inferior or prohibitively expensive healthcare
- Depressed neighborhoods that invite wretchedness and discourage investment
- Lack of mental health services
- Lack of sufficient resources for the unable—those disabled or incapacitated or unable to work for any number of reason
- Not enough representatives with intimate understanding of poverty and inequality and knowledge of the people they represent
- Unequal economic opportunities, such as no access to financial capital for entrepreneurship, no chance of acceptance into elite universities, and no resources for innovation
- National and local policies and laws that favor the wealthy by a mile and the unprosperous by a foot
- Crippling trade policies and loan terms between rich and poor countries
- Personal unenlightenment: That is, language, civic, economic, financial, cross-cultural, and early childhood development illiteracy
- Group and tribal conflicts and dissensions
- Cultural norms that spurn achievement or preclude economic advancement
- Discriminatory (by race, caste, class, gender, geography, tribe, culture, ethnicity, religion) practices and rules and laws that result in inequitable distribution of wealth
- Sophisticated and simple theft and plunder and mismanagement of countries’ resources and earnings
- Lack of structural factors for government management and business development (e.g., inadequate technology, poor transportation, nonexistent research and development, lack of governmental accountability and oversight, widespread corruption, lack of human capital in advanced subjects and industries, lack of financial capital)
- Colonial-era rules and laws and influences that continue to stifle group advancement and economic growth
AI Humanity builds technologies and programs and partner with other organizations and volunteers to eliminate these factors of poverty in the communities where we operate.