The world includes less developed countries and developing countries. Less developed countries are countries considered to be poor and often contain many people who are in absolute poverty. Developing countries are countries like India, which are gaining in wealth.

There are two types of poverty within the world. Absolute poverty is where people don’t have enough money to provide standard living conditions for themselves and characteristics of substandard lives are disease, malnutrition, and low-life expectancy. Relative poverty is where a person is considered poor in relation to the average wealth held in their society.

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Poverty is a major problem within the developing world. The developing world holds 75% of the world’s population yet only 20% of the world’s wealth. This presents a problem and the shortage of money leads them into the vicious circle of poverty, where one factor leads to another and eventually the situation spirals to terrible extents.

Natural disasters plunge developing world countries and less economically developed countries. For example the heavy flooding that wreaked havoc on the inhabitants of Mozambique and the Gujarat earthquake disaster of early 2001. The disasters cause poverty because these countries are often weak financially ...

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