in every country there must be poor and rich people, the role played by the poor in the economy is to be able to do jobs that cannot be done by rich people such as doing jobs that rely on labor and risky work because rich people will definitely not do jobs that are at great risk.
Rich people will even have difficulty in life if there are no poor people. Imagine if the rich built a very large stately home. Imagine if they didn't have any servants in the house, of course the rich would have a lot of trouble cleaning and taking care of their magnificent home. They even have to cut the grass in the large yard by their own hands. Bottom line Rich people sometimes they are very dependent on cheap services from people below. But so do people at the bottom, they also need job vacancies from rich people. So in essence both of them need each other. So between the rich and the poor both must respect and respect each other because they need each other. The market turnover is even faster because there are more consumers from the lower classes. Which means that the lower class also plays an important role in economic growth. especially in the flow of money circulation. 
Topic: What roles does the poor play in the Economy? - page 2. (Read 1619 times)
Ever wondered why the government's not doing anything of substance to eradicate poverty? Well there's your answer. They need the poor to be there otherwise there won't be anyone to subject to these kinds of ethically inhumane practices.
The government can't eradicate poverty even if they wanted to because they aren't generators of wealth. They could take wealth and redistribute it if they wanted (in fact, many countries throughout history have tried it, it's called socialism), but it fails every time. Take any level of stimulus and inject it into the lower class through direct payments or otherwise, and the poverty levels don't actually decrease over time. The immediate wealth of the lower class increases of course, but again, over time you don't see decreasing poverty rates.
People generally need incentive to work themselves out of poverty and the government isn't part of the equation. As long as they have access to free markets and education, the rest is up to them and not the government.
I think poor contribute only to rich. They can get things done with low payment but sells then in other country with high price. Like clothes and shoes are made in poor country but look at their prices. Those country do all they can to keep people on poverty to use them.
It was part of a line of business pursued by poor people who were struggling to get rich. Because the contribution of those who are still poor is through their own efforts and that is regardless of which technique they will use at this time, and the example you gave is an example that makes a lot of sense and still happens this year where countries those who are able to process raw materials into ready-to-use goods will always buy raw materials in poor countries to be sold at a higher price after being processed through the technology they have. 
Poor people play an important role in the economic growth of people who need labor around their lives, the presence of poor people in the midst of society has created a situation of mutualism symbiosis. The rich and the poor always have a close relationship that is difficult to separate, if in one area inhabited by the poor then life will be destroyed. If on the other hand, in one area there are all rich people then life will be completely difficult.
The poor have labor, while the rich have resources, the relationship of mutual need cannot be separated from everyday life between the poor and the rich. Poor people are like salt in food, without salt food will be bland. Likewise with the poor, without the poor life will be completely difficult because no one helps the rich who are very busy taking care of their business.
The poor have labor, while the rich have resources, the relationship of mutual need cannot be separated from everyday life between the poor and the rich. Poor people are like salt in food, without salt food will be bland. Likewise with the poor, without the poor life will be completely difficult because no one helps the rich who are very busy taking care of their business.
Agreed, the rich and the poor are closely related and both play important roles in the economy. To me, their role is the same, no one has a more important role than anyone to help the economy develop. The poor have labor power, but their education level is not high, they cannot think of ideas, plans, methods...While rich people have those things, but they can't turn ideas into reality on their own. So both need to work together to survive and help the economy grow. The world cannot be without the poor, nor without the rich, this inequality will always exist if we want the world not to be destroyed.
In what ways have the people living in poverty impacted in the economy?
Share your ideas on the importance of the poor masses in economy sustainability.
You are able get your vegetables and food because of the poor who are working under extreme conditions to cultivating and harvesting the farm yields. I know it has been said that the rich are the thinkers and strategist but the poor are the doers. Without them the economy would crumble. How do you think the UAE and other Middle Eastern countries became what it is today? The poor built that country and by extension their economy with their life. I don't even want to bring up the building of the world cup stadiums etc. The economy of many nations would crumble without the poor doing the dirty jobs.Share your ideas on the importance of the poor masses in economy sustainability.
Yes indeed, without the laborers that work for them they are also nothing as they are the mind but not the doer. I don't even consider them as poor which classify by the society because we all have the same role which is to contribute and get paid for it. I only differ them with the education since mostly from the poor doesn't have proper education that's why some of the rich people could take advantage from it for example if the poor work for them, they could split the profit to 70% to the rich while the 30% for the poor since they are not aware from that situation. Because mind itself wouldn't even do the work, you'll need people to help you finish some project so those people who doesn't have educational attainment would apply for that role since it doesn't need any requirements as degrees.
I think poor contribute only to rich. They can get things done with low payment but sells then in other country with high price. Like clothes and shoes are made in poor country but look at their prices. Those country do all they can to keep people on poverty to use them.
Poor people play an important role in the economic growth of people who need labor around their lives, the presence of poor people in the midst of society has created a situation of mutualism symbiosis. The rich and the poor always have a close relationship that is difficult to separate, if in one area inhabited by the poor then life will be destroyed. If on the other hand, in one area there are all rich people then life will be completely difficult.
The poor have labor, while the rich have resources, the relationship of mutual need cannot be separated from everyday life between the poor and the rich. Poor people are like salt in food, without salt food will be bland. Likewise with the poor, without the poor life will be completely difficult because no one helps the rich who are very busy taking care of their business.
The poor have labor, while the rich have resources, the relationship of mutual need cannot be separated from everyday life between the poor and the rich. Poor people are like salt in food, without salt food will be bland. Likewise with the poor, without the poor life will be completely difficult because no one helps the rich who are very busy taking care of their business.
The role of the poor in economic development is many development of various kinds in the country usually comes more from the poor class. They increase productivity and create employment in the society, values emphasize the acquisition and accumulation of human capital, which is the main instrument of economic development and consume more and they engage in various developmental activities to get a little more quality goods or services. The work of the rich is done by the poor if they stop working the rich will become helpless and the country's economy will be hampered. Poor people do all kinds of work, development of industry construction of infrastructure everything is done by poor people.
Well they helped a lot there, especially in terms of development as you mentioned above. Rich people have sufficient capital to carry out various developments for their business needs and poor people will have a role as someone who will help carry out their plans. The point is that everyone, rich or poor, will always need other people, meaning they will not be able to live without the help of others. They will need each other in every way and as a result they will mutually benefit from each other. So the core conclusion is, if the higher the level of poverty in a region or country, the lower the level of economic growth in that country or region, and vice versa if poverty in a country is low, the economic growth in that country will also be better. 
In what ways have the people living in poverty impacted in the economy?
People living in poverty can significantly impact the economy in various ways. Their limited purchasing power reduces consumer spending, affecting businesses and economic growth. Lower tax contributions from impoverished individuals reduce government revenue, potentially hindering public services and infrastructure development. Social welfare programs aimed at assisting the poor can strain government budgets. Poverty's toll on workforce productivity due to limited access to education and healthcare can hinder overall economic progress. Moreover, higher crime rates associated with poverty lead to increased law enforcement and justice system expenses. Addressing poverty through targeted policies can help alleviate these effects and foster a more inclusive and robust economy.
In what ways have the people living in poverty impacted in the economy?
Share your ideas on the importance of the poor masses in economy sustainability.
You are able get your vegetables and food because of the poor who are working under extreme conditions to cultivating and harvesting the farm yields. I know it has been said that the rich are the thinkers and strategist but the poor are the doers. Without them the economy would crumble. How do you think the UAE and other Middle Eastern countries became what it is today? The poor built that country and by extension their economy with their life. I don't even want to bring up the building of the world cup stadiums etc. The economy of many nations would crumble without the poor doing the dirty jobs. Share your ideas on the importance of the poor masses in economy sustainability.
The role of the poor in economic development is many development of various kinds in the country usually comes more from the poor class. They increase productivity and create employment in the society, values emphasize the acquisition and accumulation of human capital, which is the main instrument of economic development and consume more and they engage in various developmental activities to get a little more quality goods or services. The work of the rich is done by the poor if they stop working the rich will become helpless and the country's economy will be hampered. Poor people do all kinds of work, development of industry construction of infrastructure everything is done by poor people.
We always need poor people to work in the jobs that we do not like to work on, and that causes a bit of a trouble for everyone but also helps them as well. If everyone was rich, who would do the jobs that pay less and doesn't get much respect when it should. Remember pandemic? All those minimum wage workers helped us stay alive, and yet when we are talking about them overall we are seeing them not do that great unfortunately financially. This is why I believe that poverty is out of question, but we should definitely have some people who would work in those jobs, if we don't have anyone doing them, then its going to be a big trouble overall, the infrastructure wouldn't work at all and everything would collapse, its all held by them at the foundation.
This issue of equality can not happen this issue of segregation started during the stone age was only the chiefs and there slaves and all does status were giving according to there possession and through to the industrial era and now down to the modern world, no more slave but considering the fact that everybody can not be rich because the truth is that the rich will always need the poor to work for them and I don't think this world or anyone there will have bunch of rich people all fingers can not be equal, the only thing I see has a problem is when you don't improve then you keep woking for people. In what ways have the people living in poverty impacted in the economy?
Share your ideas on the importance of the poor masses in economy sustainability.
Share your ideas on the importance of the poor masses in economy sustainability.
I think the poor plays important role in the economy because without the manpower coming from them the businesses in different countries will not move or will not operate. They can contribute positively in our economy because as consumers they can impact on the purchases of goods and services which is much needed by the businesses to be able to survive the economy. The demands create by this people from basic necessities like food and clothing and the likes would definitely run our economy. That is why the poor play an important role in the economy.
In what ways have the people living in poverty impacted in the economy?
Share your ideas on the importance of the poor masses in economy sustainability.
Share your ideas on the importance of the poor masses in economy sustainability.
I think the poor plays important role in the economy because without the manpower coming from them the businesses in different countries will not move or will not operate. They can contribute positively in our economy because as consumers they can impact on the purchases of goods and services which is much needed by the businesses to be able to survive the economy. The demands create by this people from basic necessities like food and clothing and the likes would definitely run our economy. That is why the poor play an important role in the economy.
It should have balance because if not, the crime rate will increase, like in other poor countries where the crime rate is really high, but again, the poor sector is not only manpower but also consumers, meaning they are the ones purchasing goods and other stuff for their daily needs, which means that's keeping the economy in cycle. Though I don't really want that, just stay in the sector if you can improve yourself and be in a better position.
If a country has a lot of poor people, then it is definitely the government's fault, they are not only greedy but also foolish, so they do not bring any benefit to their people. But if only a small part of the people are poor, it is not entirely the government's fault, but it may be because those people are lazy. Because the government won't have enough money and resources to distribute everything for free, what they can do is create jobs for everyone, and we need to seize our opportunities. If we are lazy and only expect support packages from the government, it is our fault that we become poor.
Yes, I totally agree with your opinion. In any country, there must be poor people, even if it is a rich country. Everything depends on each person himself. Poverty will always exist in any developed country, because poverty is a problem that is not only related to work, but also mentality. Indeed, there are several countries where there is a lot of poverty due to the failure of the government to prosper its people.I've read about geographic politics
Whereas countries or regions that have abundant natural resources are usually lazy, because they feel they don't have to work hard to get what they need. Meanwhile, countries with minimal natural resources will try hard to meet their needs, as a result they become accustomed to working hard and don't want to get into trouble because they know what problems mean.
A small example is a country with subtropics or winter will think of looking for food before winter arrives. Stock up on food for months to keep him cool through the winter. Meanwhile, tropical countries do not think to do that because natural resources and food stocks tend to be abundant, so they are used to working hard.
global problem which cant really be solved out completely despite on being a rich country, there would be those people who would really be living on being poor which is something that would really be that normal.
Poor people on the economy and their role? If everyone is rich then no one will work into those businesses around because everyone would really be making their business since they are rich. Then who would really be the
employees or the ones who would really be working if everyone does have the money? There would be no cycle and there would be no balance and we know that there's no such thing about perfect world.
This is why lets just accept the fact that there are people who are rich and there are poor and there are those who are in average.It is really just depending on how we gonna handle ourselves
on making our lives better and not having that financial problem afterwards.
In what ways have the people living in poverty impacted in the economy?
Share your ideas on the importance of the poor masses in economy sustainability.
Share your ideas on the importance of the poor masses in economy sustainability.
I think the poor plays important role in the economy because without the manpower coming from them the businesses in different countries will not move or will not operate. They can contribute positively in our economy because as consumers they can impact on the purchases of goods and services which is much needed by the businesses to be able to survive the economy. The demands create by this people from basic necessities like food and clothing and the likes would definitely run our economy. That is why the poor play an important role in the economy.
Cost of Labor is usually represented by the available working age population of a country. The fighting force, the developing talent the next generation of support in the economy. Ironically the common poor are the core of a country and most important. If people are not educated or well fed and able to work its a poor country overall unable to produce properly and unlikely to be effective overall even if there's commodity wealth its not likely stable if the people are not part of the success in a nations economy.
In what ways have the people living in poverty impacted in the economy?
Share your ideas on the importance of the poor masses in economy sustainability.
Share your ideas on the importance of the poor masses in economy sustainability.
Irrespective of your social status, either poor or rich, we still have our different roles to play and I don't know your standards for defining someone as poor but i think just as @Nwada001 has already said, that one of the major impact the poor can bring to a society is the fact that they can actually provid cheaper about as co.lared to using machines for same jobs especially if the job isn't a large scale one.
The poor also provide a whole lot of services the rich can't even provide and I even think the poor based on what many might classify as poor, are the people that even make life much more easier for the common man from agriculture to transportation down to even shelter building.
Generally, I don't think the world can do without the poor
they create labour which creates labour and wealth distribution, they play a vital role.
Do you think this jobs done by poor people as labourers is helping the economy of the country not to spend much on machines?? The government can still have the money to afford machines and decide to use labourers and the government will still steal the money into their pockets. The only role I know the poor people plays to help the economy is that they create jobs for themselves to survive, most of them don't really have any hope for the government to empower them, they do minimal jobs by themselves and I think this effort from them Really plays a good role in the economy.
It's not possible for all the jobs to be done by machines, that is the reason why almost every single industry requires labor work laborers, and also, the cost and maintenance of the machines can be way higher than the wage a company might need to pay to its labors from the poor side of the economy, we all know that a poor person will get ready to work for a very minimal salary because they don't have anything else to do and this becomes their only source of income.If it wasn't for the poor, these industries and companies would never be able to earn as much profit as they do because they get all the work done by them and pay them way below the minimum wage or what they deserve, I'm not sure about all the countries but that happens in most countries.
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