Quick Answer: What is the cause and effect of poverty in the Philippines?

How does poverty affects the Philippine economy?

Poverty directly impacts economic growth due to constraints in credit and the underdevelopment of the financial market and inequality in income and assets. Another cause of poverty in the Philippines is the rise of unmanaged population growth.

Why Philippines is still a poor country?

Other causes of poverty in the Philippines include low job creation, low economic growth and high levels of population growth. … The high rates of natural disasters and large numbers of people living in rural areas contribute to this hunger problem and make food inaccessible for many in the Philippines.

What is the main cause of poverty?

The United Nations Social Policy and Development Division identifies “inequalities in income distribution and access to productive resources, basic social services, opportunities” and more as a cause for poverty. Groups like women, religious minorities, and racial minorities are the most vulnerable.

How can poverty affect us?

Issues like hunger, illness, and poor sanitation are all causes and effects of poverty. Bad sanitation makes one susceptible to diseases, and hunger and lack of clean water makes one even more vulnerable to diseases. …

Who is affected by poverty?

Compared to working-age adults or senior citizens, children are significantly more likely to live in poverty — 18.4 percent of Americans under age 18 live in poverty, compared to 12.6 percent of 18 to 64 year olds and 9.3 percent of senior citizens. And the most vulnerable children are the youngest.

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