Topic: What roles does the poor play in the Economy? - page 5. (Read 1611 times)

Yes, right. Everyone needs and relies on each other. Because basically the poor help with labor, and the rich help by creating jobs.

The work force is can be contributed by the poor to the economy.Because to survive,they can work hard to earn.So the capitalist people can use them to increase the economy activities.When the production was increased by the poor people,the capitalist will pay them more taxes to the government.By the government increase taxes,they can use the money for the new scheme to help the poor people.So finally poor get benefit by their work.

I think thats just the balance of nature and its always there because everyone should and would not be rich no matter how the government and economy strives, there are still going to be some class of folk that will always live under the average way of living in every economy and these sets of people are the ones that do the dirties for the nations economy.

There must be a positive impact, because the rich and the poor have become a cycle that cannot be separated because they both need each other for economic growth in various fields.

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.

There must be a positive impact, because the rich and the poor have become a cycle that cannot be separated because they both need each other for economic growth in various fields.

Actually crime is not synonymous with poverty, even bigger crimes are committed by rich people and state officials by means of corruption and so on. The state's task should be to reduce its citizens so they don't live in poverty. But the problem of poverty is very complex, because poverty is sometimes also caused by factors beyond the ability of the individual, one of which is due to inherited family poverty.

So not all poverty is an individual's fault, there are still external factors, but fortunately I have parents (only my mother, my biological father is divorced) who are not mentally poor, they care about education, while my mother's parents (my mother's) are parents who don't care about the future. He thinks women don't need education, this is a wrong idea.

Apart from that, poverty is caused by the absence of jobs, the cost of living is expensive, and the scope of poverty is due to the high rate of corruption. The government must change the mindset of a consumptive society to be productive. Ensure that development is carried out on a priority scale that can improve living standards. Make sure that government programs tend to be more productive, don't subsidize the consumptive sector.

You misunderstood me mate, no doubt we will always have the poor around us and by poor here I mean indigent people that add no value or whatsoever to society like beggars on the streets. You can be said to be poor but with a skill you render as service to the rich in return you earn money but when you're poor and comfortable in it then you're a threat to society cause such persons will always see crime as the only easy means of survival thereby breaching the peace.

As long as anyone can provide shelter, clothing, and food for themselves which are the basic necessities of life then they ain't in this category of poor as meant here in this thread. And to be explicit, your family are not poor neither am I against the poor.

I agree that poor people are not unruly class, in fact if we were to look into who hurts the economy of a nation more, we will realize that wealthy people hurt it multiple times more than what the poor does. Even if you consider poor people taking welfare and all, we have rich people stealing taxes, how? They just make it look like they haven't made as much by increasing their spending, and putting it on silly stuff.

Look at Nike alone, they have a different company that they use for licensing, and they pay that company a lot, to make it look like they haven't made that much, just one example. This is why poor are the unfortunate class that is getting the short end of the stick, whereas wealthy people are the main reason why economy sucks.

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.

Yes, I agree with you on this very statement of yours, as both the rich and the poor is needed to create balance in the world, because if everybody is rich, who will be the personal drivers, the cleaners and the security guards, and likewise if everybody is poor, who will be the employers, the directors and entrepreneurs, as all need one another for the society to function effectively.

In what ways have the people living in poverty impacted in the economy?

Simply we can say that if there were no poor people there would be no way to become rich. As we know that light is worthless without darkness. If there were no poor people, the word development would not even be uttered. The status of the rich can be understood because there are poor. If poor people stop their work for a day it will be very easy to understand the importance of poor people. Poor people are working today so that the rich can enjoy luxuries. The poor are working to produce goods and various works the rich are getting advantages by their work. And the biggest thing is that the rich are able to keep their positions because the appearance of the poor.

It was the indicator that leaders in that country does nothing help to improve their status but a corrupt leader. It's a big shame but as a citizen of that country, we should also have to find a way to get out of being poor and lift ourselves alone rather than relying on the government that never think good for its countrymen. And it ended up just a labor force to other countries as that is the only they can offer due to lack of education and skill. But despite the status of their life, their participation is also a big help in a way of being an employee.

High numbers of poor people is an indicator that shows how government does their job in one country. High number of poor people shows government priority in creating country’s budget. However, there are moments when poor isnt an indicator to show how good or bad government works. Country by itself can be poor; for example they might now have any recourses except land or labor force.