Answer to Question #144949 in Economics for Minerva

Question

Is progress being made in the fight against poverty? Why or why not?

Answer 1

Unfortunately, progress in combating poverty is relative, since poverty can be understood as different levels of population income. On a global scale, the process of fighting poverty is ongoing and we know many different organizations, including charitable organizations, that are working on this issue, but poverty has not ceased to be a problem. The main reason is the instability of the economy as a whole.