Poverty in less developed countries is largely due to:

Key Points

• Income inequality is a major factor contributing to poverty in less developed countries.
• High levels of income inequality mean that wealth is concentrated in the hands of a few, leaving a large portion of the population with inadequate resources.
• This disparity can limit access to education, healthcare, and other essential services, perpetuating the cycle of poverty.
• Addressing income inequality requires policies aimed at wealth redistribution, improving access to quality education and healthcare, and creating economic opportunities for all.

Additional Information

• Poverty is a multifaceted issue that can be influenced by several factors including economic policies, governance, and social structures.
• Other contributing factors to poverty can include lack of access to education, healthcare, and employment opportunities.
• International aid and development programs often target these areas to help reduce poverty levels.
• Addressing poverty requires a comprehensive approach that includes economic, social, and political reforms.