Done by: Timothy Ong, Lionel Tan and Tan Hong Yu
Poverty is the state if one who lacks a certain amount of material possessions or money.
There is absolute poverty and relative poverty.
The world has too many people, too few jobs and not enough food.
The world is overpopulated.
Unequal distribution of resources in the world economy.
Inability to meet high standards of living and costs of living.
Inadequate education and employment opportunities.
He set up the Gates Foundation and donated over $6B.
Aims to enhance health care and reduce extreme poverty.
Increasing supply of basic needs Provide basic needs Remove constraints on government
services Reverse brain drains Control overpopulation
Increasing personal income Income grants Economic freedoms Financial services