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Poverty. The Financial Crisis. The Financial Crisis 2008. starting point : America growth of housing bubble s ubprime lending e asy credit conditions deregulation b oom and collapse of the shadow banking system c ommodities boom. Domino Effect. Poverty.
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Poverty The Financial Crisis
The Financial Crisis 2008 • starting point: America • growth of housingbubble • subprimelending • easy credit conditions • deregulation • boom and collapse of the shadow banking system • commodities boom
Poverty • is the state of one who lacks a certain amount of material possessions or money • Relative poverty • economic inequality in the location or society in which people live
destitution • absolutepoverty • deprivation of basic human needs • food and water • shelter • sanitation • clothing • healthcare • education
Povertyreduction • Increasing the supply of basic needs • Food and othergoods • nitrogen fertilizers • pesticides • irrigationmethods • improving road and transportation infrastructure • microfranchising
improvehealthcare and education • reversingbraindrain • controllingoverpopulation • economicfreedoms • financialservices • culturalfactorstoproductivity • voluntarypoverty
Whatdoyouthinkaboutpoverty? Is it an issueinthe 21st century? • Has iteverhappenedtoyouthatyouwerenotabletobuysomethingthatyoureallywanted? • Haveyoueverbeen a volunteer?
Thankyouforyourattention Markovics Ádám