Top 3 Contemporary Issues in Economics

Poverty refers to a lack of resources and a low standard of living which cannot satisfy the essential human needs. Poverty is a socio-economic issue, that has a negative influence including lack of education, cultural and religious discrimination, overpopulation, unemployment and corruption. Poverty harms. It damages childhoods; it damages opportunities, and it damages us all in society. 'Nearly 1/2 of the world’s population live on less than $2.50 a day. More than 1.3 billion live in extreme poverty having less than $1.25 a day.' Crime, access to and affordability of healthcare, race…