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Nearly 100 million people are addi3onally living in poverty as a result of the pandemic. Global extreme poverty increased as of 2020. Global poverty can be defined as the number of people living on less than $1.90 per day throughout the world. According to the World Bank, someone living on less than $1 per day is considered in severe poverty. More than 730 million people, or one in every ten people on the earth, presently live underneath this poverty line, with children, a par3cularly vulnerable sector of society, accoun3ng for more than half of the world's poorest residents. A rise as such has not been recorded in over 20 years. About 70 percent of the global poor are aged 15 and older. Have no schooling or only some basic educa3on. Poverty can be a cyclical trap. For people to rise above poverty, they need educa3on, proper health care and sanita3on, access to clean water, and job opportuni3es that can help them improve their financial situa3on. Unfortunately, people in poverty oSen live in areas low on these resources. Therefore, the people become trapped in a vicious cycle in which they can't get beUer jobs un3l they improve their situa3on. More than 40 percent of the global poor live in economies affected by fragility, conflict and violence, and that number is expected to rise to 67 percent in the next decade.

Today’s global inequality is the consequence of two centuries of unequal progress. Some places have seen drama3c improvements, while others have not. The global inequality of opportunity in today’s world is the consequence of global inequality in health, wealth, educa3on.

2.Poverty rate by country 2021:

  3. countries with the highest poverty rates in the world are:

1. South Sudan - 82.30%

2. Equatorial Guinea - 76.80%

3. Madagascar - 70.70%

4. Guinea-Bissau - 69.30%

5. Eritrea - 69.00%

6. Sao Tome and Principe - 66.70%

7. Burundi - 64.90%

8. Democra3c Republic of the Congo - 63.90%

9. Central African Republic - 62.00%

10. Guatemala - 59.30%

Top causes of global poverty are things such as Inadequate access to clean water and nutri3ous foods, liUle or no access to livelihood opportuni3es, sanita3on and hygiene, poor educa3on, climate change, lack of infrastructure, inequality and lack of reserves are just a few of the many. Millions trapped in poverty are unable to access clean water and sanita3on. Around 80% of diseases are linked to polluted water and poor sanita3on condi3ons. Reasons for not having access to clean water include: living far away from a working water source as well as small percentage of water being treated in certain countries. Many people in poor countries are stuck with low wage paying jobs with no benefits which lack the ability to contribute to the growth of the country's economy. Income inequality is defined in economic terms as a wide gap in how income is allocated across people, groups, regions, social strata, or na3ons. It is an essen3al aspect of comprehending socioeconomic categories since we dis3nguish the top, middle, and working classes. Many other types of inequality, such as income, radical power, and collec3ve posi3on, influence it. Income inequality is defined in economic terms as a wide gap in how income is allocated across people, groups, regions, social strata, or na3ons. It is an essen3al aspect of comprehending socioeconomic categories since we dis3nguish the top, middle, and working classes. Many other types of inequality, such as income, radical power, and collec3ve posi3on, influence it.

During the violence periods in Syria, female-headed households became very common. And because women oSen have difficulty gegng well- paying work and are typically excluded from community decision-making, their families are par3cularly vulnerable. When a popula3on group is segregated by ac3vity, this is referred to as societal inequality, which is one aspect of the racial income gap. Black men, for example, are more likely to work in lower-paying industries than White men, who are far more likely to hold high-paying senior posi3ons. Unequal or no access to the resources needed to keep or liS a family out of poverty. Certain people or groups might not be heard in community mee3ngs, meaning they don’t get a say in important decisions. Regardless, these inequali3es mean that the people affected don’t have the tools they desperately need to get ahead, and for already vulnerable families, this can mean the difference between being poor or living in extreme poverty. Significant racial and gender pay dispari3es persist in the United States, albeit narrowing in some situa3ons over 3me. In 2017, blacks earned 75% as much as whites in average hourly wages among half and full and part-3me employees in the United States, while women were paid 82% as much as males.

Having limited to none and low standard levels of academic resources plays a huge role in poverty. Some governments fail to provide the basic needs for educa3on due to financial resources or poli3cal power. Some parents go out of their way to pay for an educa3on they can not afford adding more burden to their financial needs but see it as a way for the children to receive an adequate educa3on than none at all. Dropping out of school for some children and heading straight into the workforce is the only way they can make it through the day and help provide for their families. It is very common for people in these circumstances to not complete their educa3on and go straight into a minimum paying job just so that they can be able to get by.

In a report of the WHO (World Health Organiza3on), in the year 2030, climate change is expected to contribute to nearly 250,000 addi3onal deaths per year, from malnutri3on, malaria, diarrhea and heat stress.

Lack of roads, bridges, and wells to cables for light, cell phones, and internet isolates communi3es living in rural areas. Technically living off the grid which means the inability to go to school, work, or market to buy and sell goods. Traveling farther distances to access basic services not only takes 3me, it costs money, keeping families in poverty. Isola3on limits opportunity, and without opportunity, many find it difficult, if not impossible, to escape extreme poverty.

Not every country can afford welfare or healthcare for its ci3zens as the United states can. Without this safety net, there’s nothing to help vulnerable families from backsliding further into extreme poverty if something goes wrong.

In Ethiopia for example, repeated cycles of drought have caused harvest aSer harvest to fail, causing a widespread hunger crisis. To cope, families will pull their children from school, and sell off everything they own to eat. That can help a family make it through one bad season, but not another. For communi3es constantly facing climate extremes or prolonged conflict, the repeated shocks can send a family reeling into extreme poverty and prevent them from ever recovering.

The COVID-19 pandemic is es3mated to push an addi3onal 88 million to 115 million people into extreme poverty this year, with the total rising to as many as 150 million by 2021, depending on the severity of the economic contrac3on. Extreme poverty (living on less than $1.90 a day) is likely to affect between 9.1% and 9.4% of the world’s popula3on in 2020. This would represent a regression to the rate of 9.2% in 2017. Had the pandemic not convulsed the globe, the poverty rate was expected to drop to 7.9% in 2020.

Pre covid we were aware of poverty being an issue that we were working on but with the pandemic that changed the lives of many, poverty is not the problem of one person but it is a problem for the whole nation. Poverty should be dealt with on an urgent basis by the implementation of effective measures. By creating jobs, both in the United States and abroad, it is a great way to reduce poverty. Educating women, raising wages, micro financing, gender equality, transparency in

government spending, canceling national Debts & access to healthcare are all ways to help this situation. Just two weeks ago President Joe Biden sat across from Pope Francis to engage in a discussion on how covid has affected climate change and poverty in our nation and world wide. With the March 2020 lockdown going into play many were forced to stay home, work from home or even close their business doors for good. This hits close to home as my family's restaurant in the heart of Manhattan since I was a kid no longer stands on Madison Avenue across from Grand Central. With the lockdown and New York City “The City That Never Sleeps” going to sleep while everyone was indoors and Corporate America had relocated to people's bedrooms we had no other option but to close before we would lose it all. Imagine how many more people were in this situation and have it financially worse. Many lost family members leaving them on their own and others lost their homes and businesses. The concerns many like myself have is that we are dealing with everyday life becoming more expensive with rising prices in everyday needs such as gas, clothing, groceries but instead of our finances getting better, life is just becoming even more expensive with our finances and salaries either remaining consistent or taking a hit. To make matters worse customers have now returned back to their workspaces and can start supporting businesses but with supply and product shortages this is another dead end. Having limited merchandise for sale at higher prices, customers have been forced to look into other alternatives.