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Topic: What roles does the poor play in the Economy? - page 3. (Read 1607 times)

legendary
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Well every nation has the poor people and they are part of what makes thing function. There are poor people that do the work that the rich and middle people do not want to do.
It can be the dangerous jobs or the ones that you do not need any skill. There is rich people who want workers for them and this will be for poor people to do.
If we lived in an perfect world we would all be rich. But this just is not real life and there is going to be poor people always.
sr. member
Activity: 616
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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.
legendary
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In what ways have the people living in poverty impacted in the economy?
The poor you mean, are the poor people who have jobs, or the poor who don't have jobs, because in my opinion there are also different levels of poor people. So if you mean the poor person who doesn't have a job. If you look at it as a whole in life, more or less it is certain, it will have an impact on the economy. Because even poor people who don't have a job must have needs and needs in their life, such as food and clothing that must be owned. And it's all definitely a must buy.
That way, it means that even the poor who don't have a job still have a contribution to economic turnover, although not too big.

And what about the poor, but who have jobs. The poor also certainly have an impact or contribution to the world's economic cycle. Moreover, these poor people have a job, but maybe with a salary that is not big.

So it can be concluded that poor people also have an impact on the economy, because if there are no poor people, it is sometimes difficult for rich people to find workers. And the poor are also basically the same, have needs and requirements that must be met. But the difference is only in terms of the amount of money and how often the need or needs are met.
Everyone from the unemployed who continue to spend what little money they have on items in an effort to stimulate the economy to the "working poor" whose efforts are crucial to the nation's economic success. Their presence illustrates the inequality of wealth, but also the interconnectivity of our economy. Nonetheless, the last argument deserves close scrutiny. While it is true that the wealthy often hire the unemployed, this fact in no way implies that poverty is an acceptable means to financial success. Poverty is not merely a lack of money; it is a social problem that prevents people from sharing in the benefits of growth. Where does Bitcoin fit into this picture? However, Bitcoin presents an alternative financial structure that, in theory, may make access to money more equitable for everybody. However, before it can help the poor, pressing issues like lack of internet access and digital literacy must be resolved.
hero member
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When government stimulates the economy of the country, they will create jobs that only the poor will take. Like construction laborers who will toil all day and night to pour cement on bridges and roads. The money they make keeps the economy alive that's how the money circulates as they buy stuff during paydays.

The poor guys are making all the efforts so the rich can rest assure they stay rich. This keeps the balance that's why the government always make sure there are poor people.
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.
full member
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When government stimulates the economy of the country, they will create jobs that only the poor will take. Like construction laborers who will toil all day and night to pour cement on bridges and roads. The money they make keeps the economy alive that's how the money circulates as they buy stuff during paydays.

The poor guys are making all the efforts so the rich can rest assure they stay rich. This keeps the balance that's why the government always make sure there are poor people.
Well, the circulation of money is even more swift in the lower middle class. They earn and spend it right away because they need it right away to buy all their basic needs. so that the circulation of money among the lower classes runs faster which keeps the economy in balance as a result of this circulation. Very few poor people make money and can put it in savings or investments. because sometimes their income and expenses are not balanced. or mediocre.

It seems to me that this is the goal of the world's "elite". As they say at the WEF: "you'll own nothing and be happy".

Ensuring that the poorest people can't save to invest is the surest way to keep them enslaved, isn't it?

It reminds me of a drawing of freed cotton-field slaves: when they are freed, they are offered salaried work, but all their wages go to pay their rent and food ...
Well, it is true that this illustration is indeed suitable for describing how the condition of poor people today is that they are only given a salary that is only enough to meet their daily needs which makes it difficult for them to increase their financial level. Unless someone has high motivation to work harder and can make extra money from side jobs outside of their working hours by sacrificing the rest time they have.

Well, that is really what people are doing right now because, again, one job is not enough and the prices keep increasing. As you can see right now, a lot of people are asking the government to make their salaries increase so that they can cope with inflation, which other business owners disagree with because they are also affected by the inflation. That is really a problem right now, which is why others are finding multiple jobs and sacrificing their sleep so that they can earn more money for their families.
Indeed, on the one hand, we need a lot of work to live, but on the other hand, balance in life is also necessary,
meaning if we are crazy to work and have less rest time, of course it will affect our health,
so in the end we need treatment and it costs a lot too.
sr. member
Activity: 812
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In what ways have the people living in poverty impacted in the economy?
The poor you mean, are the poor people who have jobs, or the poor who don't have jobs, because in my opinion there are also different levels of poor people. So if you mean the poor person who doesn't have a job. If you look at it as a whole in life, more or less it is certain, it will have an impact on the economy. Because even poor people who don't have a job must have needs and needs in their life, such as food and clothing that must be owned. And it's all definitely a must buy.
That way, it means that even the poor who don't have a job still have a contribution to economic turnover, although not too big.

And what about the poor, but who have jobs. The poor also certainly have an impact or contribution to the world's economic cycle. Moreover, these poor people have a job, but maybe with a salary that is not big.

So it can be concluded that poor people also have an impact on the economy, because if there are no poor people, it is sometimes difficult for rich people to find workers. And the poor are also basically the same, have needs and requirements that must be met. But the difference is only in terms of the amount of money and how often the need or needs are met.
full member
Activity: 406
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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.

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.
hero member
Activity: 2366
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When government stimulates the economy of the country, they will create jobs that only the poor will take. Like construction laborers who will toil all day and night to pour cement on bridges and roads. The money they make keeps the economy alive that's how the money circulates as they buy stuff during paydays.

The poor guys are making all the efforts so the rich can rest assure they stay rich. This keeps the balance that's why the government always make sure there are poor people.
Well, the circulation of money is even more swift in the lower middle class. They earn and spend it right away because they need it right away to buy all their basic needs. so that the circulation of money among the lower classes runs faster which keeps the economy in balance as a result of this circulation. Very few poor people make money and can put it in savings or investments. because sometimes their income and expenses are not balanced. or mediocre.

It seems to me that this is the goal of the world's "elite". As they say at the WEF: "you'll own nothing and be happy".

Ensuring that the poorest people can't save to invest is the surest way to keep them enslaved, isn't it?

It reminds me of a drawing of freed cotton-field slaves: when they are freed, they are offered salaried work, but all their wages go to pay their rent and food ...
Well, it is true that this illustration is indeed suitable for describing how the condition of poor people today is that they are only given a salary that is only enough to meet their daily needs which makes it difficult for them to increase their financial level. Unless someone has high motivation to work harder and can make extra money from side jobs outside of their working hours by sacrificing the rest time they have.

Well, that is really what people are doing right now because, again, one job is not enough and the prices keep increasing. As you can see right now, a lot of people are asking the government to make their salaries increase so that they can cope with inflation, which other business owners disagree with because they are also affected by the inflation. That is really a problem right now, which is why others are finding multiple jobs and sacrificing their sleep so that they can earn more money for their families.
hero member
Activity: 1624
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Well, it is true that this illustration is indeed suitable for describing how the condition of poor people today is that they are only given a salary that is only enough to meet their daily needs which makes it difficult for them to increase their financial level. Unless someone has high motivation to work harder and can make extra money from side jobs outside of their working hours by sacrificing the rest time they have.
Because they are trapped in the same situation as a poor person who can only receive a mediocre salary that is only for his daily needs, they will find it difficult to get out of this zone because they cannot what they do, maybe their mindset only thinks of working for needs and for other things such as saving and investing they do not have thoughts there because they are aware of the conditions they are experiencing.

If they want to get out of this trap then they have to think about increasing their income in any way and indeed side jobs are very much needed for them, let alone trying something new to determine their future fate, even if they sacrifice a lot of time but if they already know what to do then that's the best way for them to get out of the poverty zone.
hero member
Activity: 1820
Merit: 775

Well, it is true that this illustration is indeed suitable for describing how the condition of poor people today is that they are only given a salary that is only enough to meet their daily needs which makes it difficult for them to increase their financial level. Unless someone has high motivation to work harder and can make extra money from side jobs outside of their working hours by sacrificing the rest time they have.

Except that in this case, he risks losing his health and has no time left for his family, if he has one. We see it every day: people even migrate to other countries to work on big projects and try to send money to their families, and then it's a work-related accident: fatigue, difficult working conditions etc... One death among many... And few people care.

There are some very brave people who want to get by, but the (very) poor are not considered and their disappearance goes almost unnoticed, it's sad.
hero member
Activity: 630
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When government stimulates the economy of the country, they will create jobs that only the poor will take. Like construction laborers who will toil all day and night to pour cement on bridges and roads. The money they make keeps the economy alive that's how the money circulates as they buy stuff during paydays.

The poor guys are making all the efforts so the rich can rest assure they stay rich. This keeps the balance that's why the government always make sure there are poor people.
Well, the circulation of money is even more swift in the lower middle class. They earn and spend it right away because they need it right away to buy all their basic needs. so that the circulation of money among the lower classes runs faster which keeps the economy in balance as a result of this circulation. Very few poor people make money and can put it in savings or investments. because sometimes their income and expenses are not balanced. or mediocre.

It seems to me that this is the goal of the world's "elite". As they say at the WEF: "you'll own nothing and be happy".

Ensuring that the poorest people can't save to invest is the surest way to keep them enslaved, isn't it?

It reminds me of a drawing of freed cotton-field slaves: when they are freed, they are offered salaried work, but all their wages go to pay their rent and food ...
Well, it is true that this illustration is indeed suitable for describing how the condition of poor people today is that they are only given a salary that is only enough to meet their daily needs which makes it difficult for them to increase their financial level. Unless someone has high motivation to work harder and can make extra money from side jobs outside of their working hours by sacrificing the rest time they have.
hero member
Activity: 1820
Merit: 775

When government stimulates the economy of the country, they will create jobs that only the poor will take. Like construction laborers who will toil all day and night to pour cement on bridges and roads. The money they make keeps the economy alive that's how the money circulates as they buy stuff during paydays.

The poor guys are making all the efforts so the rich can rest assure they stay rich. This keeps the balance that's why the government always make sure there are poor people.
Well, the circulation of money is even more swift in the lower middle class. They earn and spend it right away because they need it right away to buy all their basic needs. so that the circulation of money among the lower classes runs faster which keeps the economy in balance as a result of this circulation. Very few poor people make money and can put it in savings or investments. because sometimes their income and expenses are not balanced. or mediocre.

It seems to me that this is the goal of the world's "elite". As they say at the WEF: "you'll own nothing and be happy".

Ensuring that the poorest people can't save to invest is the surest way to keep them enslaved, isn't it?

It reminds me of a drawing of freed cotton-field slaves: when they are freed, they are offered salaried work, but all their wages go to pay their rent and food ...
hero member
Activity: 630
Merit: 611

When government stimulates the economy of the country, they will create jobs that only the poor will take. Like construction laborers who will toil all day and night to pour cement on bridges and roads. The money they make keeps the economy alive that's how the money circulates as they buy stuff during paydays.

The poor guys are making all the efforts so the rich can rest assure they stay rich. This keeps the balance that's why the government always make sure there are poor people.
Well, the circulation of money is even more swift in the lower middle class. They earn and spend it right away because they need it right away to buy all their basic needs. so that the circulation of money among the lower classes runs faster which keeps the economy in balance as a result of this circulation. Very few poor people make money and can put it in savings or investments. because sometimes their income and expenses are not balanced. or mediocre.
legendary
Activity: 2660
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I personally think poor people are always paying the biggest bill/cost in economic crisis. Their main role is to join labor, work hard, make economy better, but in return get very low return. Its sad for them. But this is how market economy works. There should be majority working class people so rich can live better lives. I am not leftist in this but I feel like laborers should at least have more opportunities to reach higher ranks/classes in society.
This is what they say that poor will only became poorer. Rich or poor, all of us has their own roles on making the economy better. It's just that poor people are more exposed in labor works. For Christ sake, they should earn better than most of us whose job is not that strenuous. Saying this is normal seems unacceptable.

If only I have a massive wealth, I will help many poor people and I will encourage every company to increase their salary. No need to wish for a rich person to have a better life because they already have it. Some opportunities are not accessible for the poor but they can try other opportunities for a while. It's still possible for them to improve their lives as long as they believe on their selves that they can do it.
hero member
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Poor people's play or role in the economy is the same with any other people, they also pay taxes and do other things but always being neglected because rich people think that they are just slaves. If poverty is one of the main problem in a certain country, for sure their Government is lacking something very big.

Poor people are always the hard laborer, they work their asses out more than 8 hours a day and still get underpaid, which is not fair for me, that's why they never get out of poverty.
The only way poverty can be eliminated in a country is to make employment available to the poor,  their no country that doesn't have a poor citizen's any country that doesn't not have poverty or poor citizen will be in trouble financially, for my first posting here I stated it Categorically that's to eliminate poverty in a country government have to make sure that employment is everywhere so that the poor will not feel marginalised in any form.
The sad part about employment is that you can still be poor even if you have a job. In my nation if you are making a minimum wage, that means you are making much less than what you should in order to survive, people in the big city pay bigger amount to rent than minimum wage, that's the difference between a normal wage and a minimum wage.

So, if government makes sure that there is going to be something that needs to be done, we are going to end up with the bad result of poverty even with the wage, because some of the minimum wage amounts in some nations are still in poverty levels and there won't be any person who will live a comfortable life just because they are employed. You need a decent job to survive, otherwise you are going to do badly.
hero member
Activity: 3038
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When government stimulates the economy of the country, they will create jobs that only the poor will take. Like construction laborers who will toil all day and night to pour cement on bridges and roads. The money they make keeps the economy alive that's how the money circulates as they buy stuff during paydays.

The poor guys are making all the efforts so the rich can rest assure they stay rich. This keeps the balance that's why the government always make sure there are poor people.
sr. member
Activity: 1008
Merit: 366
In what ways have the people living in poverty impacted in the economy?
Poverty has a negative impact on the economy. Poor people living in poverty will provide less consumable power compared to the others. But together, they do provide something for the economy. It's so little compared to others who are providing more. If the numbers are more than enough, it will have a bad impact on the economy. The unstable economical situation is one of them. In the long run, it has the power to completely ruin the economy. Poverty is a sign of a bad economic situation. If we want to improve the economy, we will have to address this first.

But we can not solve it completely. We can only control it to some extent. Without the dark, you will never see the value of the light. The same goes for the society. Without the poor, you can never be wealthy. You can never grow without them.
legendary
Activity: 2100
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To me it's call balancing, every rich and poor people have a reason of existence, there is a major role the poor people play in the lives of the rich people and there are roles that the rich people play in the lives of the poor, to me one side is benefiting from the other if you think about it very well.

The rich still needs the poor to make some things work, like the hard works, and they get paid, to me the rich will always need the poor and the poor will always need the rich.

It's left for the poor and middle class to decide to be rich, and that's if they want.
No one chooses to be poor, and if anyone is given the opportunity, surely everyone will choose to be rich. But the whole point lies in how much a person knows how to handle money, this will determine his status in society. For example, if all people are given 10,000 dollars each, then after some time the society will be divided again and there will be those who will have the most money, someone will have half, and there will also be a poor class, who has nothing left in the end. It depends on how a person knows how to handle money.
hero member
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I think it is not good to classify people as poor, poverty in its own sense is relative but in terms of financial status, I will like to say people with limited means of income. Some of the government policies have encouraged people to be contented with this state believing the government is going to take care of them when you look at the big picture poverty is a business to politicians because when you can take care of yourself you will be free of their influence and you can tell those politicians the truth. Here they come during election season sharing things to the people and during this time they will forget their state and believe another messiah has come to save them. The thing is that the poor people are just tools for these politicians because they can easily direct and use them the way they want.
hero member
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I think honestly poverty cannot be completely eliminated even by giving job vacancies it only solves the above problems,
the problem of poverty is so structural and must be resolved from its roots which is not easy,
What is certain is that the cooperation of all parties is important.

Because poverty seems difficult to eradicate at its root, the task of the government in every country at this time is to provide job vacancies for those who are still poor and unemployed. Even though this will not eradicate poverty in the country, at least those who are poor have been helped a little to meet their own needs through the results of their own work without having to beg other people every day.

Thus, poverty can be overcome, although it cannot be eliminated because those who are poor only need work to become more independent in their lives so that they do not have to depend on other people continuously. And I think the purpose of cooperation from all parties for this kind of thing is the welfare of the people in the country, even though the caste of some people in the country is poor.
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