There are different ways to measure poverty. The World Bank says that extreme poverty is when someone has less than US$1 a day to live on (that dollar is an ideal one). It has been changed to rule out certain effects such as inflation, meaning that prices of things rise higher than what a person is paid, and other price level differences. Moderate poverty is when people have to live on less than $2 a day. In the year 2001, 1.1 billion people were seen as extremely poor, and 2.7 billion were seen as moderately poor.
In the developed world this does not apply. There, many people are seen as the working poor. They have a job, but do not earn enough money for basic things such as food and a home. In most developed countries, people without jobs receive money from the government, but this is often less than what they need for a comfortable life.
There are different ways to tell if a country is rich or poor. The Gross Domestic Product, or GDP, and Human Development Index, or HDI, are two of those measures. Gross Domestic Product is the money made from trade from inside the country.
Poverty is a hurdle in the way of a country's progress. One way of helping lower poverty is by educating poor people so that they can start contributing to a nation's economic development. Education teaches the poor about their rights and may show them the path to become an important part of the growth and expansion of the country. Vienna Declaration also tells this fact.
One of the most important things that is needed to make a country richer is for the Government to want to help poor people do better. Without this, it is hard for people to become better off.
