What are the historical trends in poverty over the last century?

What are the historical trends in poverty over the last century?

Over the last century, poverty rates have fluctuated significantly due to various economic, social, and political factors. In the early 20th century, poverty was widespread, particularly during the Great Depression. Post-World War II, many countries saw a decline in poverty due to economic growth and social programs.

What factors contributed to the decline in poverty after World War II?

Several factors contributed to the decline in poverty after World War II, including economic expansion, the establishment of welfare states, increased access to education, and advancements in technology that boosted productivity.

Are there any regions that still struggle with high poverty rates today?

Yes, many regions, particularly in sub-Saharan Africa and parts of South Asia, still struggle with high poverty rates due to ongoing conflicts, lack of infrastructure, and limited access to education and healthcare.

How do current poverty rates compare to those in the past?

Current global poverty rates have decreased significantly compared to the past, but the progress is uneven. While extreme poverty has declined, many people still live just above the poverty line, facing economic insecurity.