In the past decade the amount of people who are living under the line of poverty are extremely high year by year. However, the statistics are not also hopeful for the next decade regarding this issue.
Since the economic crisis 2008, every other family in the world faced financial difficulties. It was the biggest economical hit in the 20th century. In third world countries, the effects were more significant. Some countries fell into a biggest debt in history, such as Greece.
There are many reasons to consider why people are getting poorer. First, is the inflation, which devalues the national currency. This is causing the increase of the costs for people needs. The cost of food is constantly rising, less people can afford today what they simply could afford yesterday.
Second, political worldwide instability. Nowadays, more countries are involved in wars and international conflicts. The effects are mainly on the middle and lower class people.
Third, the global pandemic of 2019. It hugely affected every family all over the world. Many people lost their jobs, some went into big debts, and some could hardly survive since then.
In my opinion, the government have to use some of the resources to help people have a better life. They should decrease the tax for people who are earning less than the minimal living wage. Likewise, the education for children from poor families must be free in order to help them in the future to have a better jobs.
In conclusion, the government is playing a vital role to solve and bring up the level of life to its nation.
In the past decade the amount of
people
who are living under the line of poverty are
extremely
high year by year.
However
, the statistics are not
also
hopeful for the
next
decade regarding this issue.
Since the economic crisis 2008, every other family in the world faced financial difficulties. It was the biggest economical hit in the 20th century. In third world countries, the effects were more significant.
Some
countries fell into
a
biggest debt in history, such as Greece.
There are
many
reasons to consider why
people
are getting poorer.
First
, is the inflation, which devalues the national currency. This is causing the increase of the costs for
people
needs
. The cost of food is
constantly
rising,
less
people
can afford
today
what they
simply
could afford yesterday.
Second, political worldwide instability. Nowadays, more countries
are involved
in wars and international conflicts. The effects are
mainly
on the middle
and lower
class
people
.
Third, the global pandemic of 2019. It
hugely
affected
every family all over the world.
Many
people
lost their jobs,
some
went into
big
debts, and
some
could hardly survive since then.
In my opinion, the
government
have to
use
some of the
resources to
help
people
have a better life. They should decrease the tax for
people
who are earning less than the minimal living wage.
Likewise
, the education for children from poor families
must
be free in order to
help
them in the future to have a better jobs.
In conclusion
, the
government
is playing a vital role to solve and bring up the level of life to its nation.