The Way Forward Understanding the causes of poverty sheds light on the

The way forward understanding the causes of poverty

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The Way Forward. Understanding the causes of poverty sheds light on the solutions that should be put in place to avoid poverty and related suffering. The first solution to poverty is c reating more job opportunities to match the demand for jobs by the ever-increasing population, as seen in the preceding discussion, Apparently lack of employment is the leading causal factor for poverty so that people can hardly pay for their daily needs. The government, through the learning institutions, should also focus on impacting people with the entrepreneurial culture besides empowering them to start their own business and investments. This would help cancel the
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RESEARCH PAPER 2 narrative regarding the superiority of white-collar jobs and motive the culture of innovativeness and creativity where people would turn to be job creators as opposed to job seeks. There are several strategies that the government can employ to motivate the entrepreneurial culture and encourage inventiveness and innovativeness in the society. Examples of such policies include subsidizing the cost for investment by, for instance, eliminating income taxes for new local investments and increasing the cost of imports as a way of promoting locally manufactured products. Narrowing the income gap through taxation and other fiscal policies is also paramount to reduce income disparities and the related poverty. As noted earlier, income disparities manifest in
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