In general, poverty is known as lack of money, food and shelter.

There are two types of poverty within the world. Introduction When we talk about poverty, we always relate poverty to poor living conditions or low standard of living. Poverty is an issue that happens all over the world, especially developing countries. Developing countries are countries like India, which are gaining in wealth. Poverty Indicators in Developing Countries. The Problems of Poverty in Developing Countries Essay 749 Words | 3 Pages. The World Bank produced its first global poverty estimates for developing countries. Poverty and Inequality in Developing Countries 1095 Words | 5 Pages.

Absolute poverty is where people don't have enough money to provide standard living conditions for themselves and characteristics of substandard lives are disease, malnutrition, and low-life expectancy. We know about poverty issues by reading newspaper and watching television. Poverty is an issue that happens all over the world, especially developing countries. These estimates are found in the world development report of 1990, which used house hold survey data for 22 countries (Ravallion, et al., 2001). IntroductionPoverty in developing countries has been a major focus of research in the past five decades, and a major interest of the public policy. Poverty is a major issue in most societies around the world.