What is Extreme Global Poverty?
The World Bank estimates that 1.44 billion people live in extreme poverty, earning an average of US $1.25 or less a day. However, extreme global poverty is more than simply a lack of money or material resources. Extreme Global Poverty is a condition where an individual, family, or community lacks the access to opportunity to make meaningful choices that will continually improve his or her life. By this definition, the Multidimensional Poverty Index estimates that 1.6 billion people are living in extreme poverty.
According to The World Bank, roughly 385 million children live in extreme global poverty.
Extreme global poverty is A Vicious Cycle.
This cycle of doomed to repeat itself, generation, to generation. Unless, those living in extreme poverty are given a real chance.