ECO352H5 Chapter Notes - Chapter 2: Robert Jensen, Millennium Development Goals, Poverty Trap
Document Summary
Do not know when will get paid or how much will make. Creating source of income (learning how to farm) No education = no tricks of trade = hard to attain income: e. g. Need to know spanish to get a better job. Millennium development goal (mdg): goal to reduce poverty and hunger. A poor person is essentially defined as someone without enough to eat. Large part of gov efforts to help poor on idea and good and its quantity food subsidies. India parliament is debating instituting a right to food act which allow people to sut government if they are starving. Good fraction of food created in india eaten by rats, or lost along the way. Inability of poor to feed themselves properly = root cause of poverty trap. Solhin worked as casual agricultural worker which paid us however recent hike in fertilizer and fuel prices had forced farmers to economize.
