Will there be an end to poverty and unemployment?

Answer 1

Absolute poverty, and high unemployment virtual reduction to low numbers that is possible in the world, but it requires lots of resoucres available to the economy productive to use what other resources they have advantage of wisely.
Still, there will always be relative poverty because income distribution by nature is always unequal, but free markets with Kensyaln stimulus is probably the best route for the poor country.
The Asian countries developed because they did not follow IMF recommendations instead sought using mercantile mechanism to export, and have high tariffs to stimulate internal growth of industry, insturcture in the economy.
The the use of tariffs some people claim its evil, but if your poor country how gonna raise the tax dollars to pay for roads, transport, health, education? Taxing small weak industries, poor workers will go on srkite, .
China is doing exactly what I do as a poor country. Play by the rules if you benefit, but dont if it gonna hurt your economy in the long term.

Answer 2

we would all like there to be , but the reality of that happening is a fools hope. theres has always been poverty and there always will be, even in the richest of nations, and as for unemployment, if everyone had a job they were satisfyed in then there would be no competion. businesses benifit from unemployment because when there are thousands of people looking for jobs then they can offer them a pay that would other wise be unacceptable. so no there will never be an end to poverty or unemployment in this nation or any other nation because a nation thats doesnt struggle is not a nation. there is no growth without sacrafice. there is no perfection...there is no such thing never has been...even in eden

Answer 3

No, my grandfather was a politician who wrote alot of today's unemployment laws. He told me a long time ago that if the employment rate ever gets to five percent or lower the economy is doing really well. Some people do not have to work and still count into unemployment statistics. As for poverty, that will probally never end either.

Answer 4

There will never be an end to poverty and unemployment as long as people are still alive, this has been going on since the beginning of time

Answer 5

No, not as long as we have individual freedom to spend our money freely. The poor are poor for a reason, either poor work ethnics, poor decisions in thier spending habits etc. Many do not think this is fair, but life is not supposed to be fair, fair only happens in fairy tales. As long as the poor are free to make thier own poor choices, they will remain poor. The idea of confiscating wealth form the high earners and achievers and redistributing that wealth to the poor will not work because if everybody was given equal amounts, the people with poor work habits would become poor again, and the peope with good work habits will become rich again, trying to make everybody equal monetarily would not work because like the lottery winner who makes poor choices and blows his wealth and is bankrupt 5 years later, these types of people will still be there making poor choices and getting poor all over again. It is the rich and wealthy that are taxed the most, but if they are taxed at too high a rate they will lose any incentive to produce, and produce less to stay in a lower tax bracket. So income redistribution schemes (taxes and social programs) will not help the economy, but in the long run harm the economy and discourage higher production. This is just basic common sense you do not have to be an economics professer to figure this one out. There is no such thing as a free lunch. Somebody has to pay for it.

Answer 6

No. Unless people have a lot less babies . If 1 out of very 10 in the world had a baby. we could end poverty for a while.

Answer 7

In Western countries, all the resources are available to improve your existence. I feel for people in Africa, South America and Eastern Europe, who do not have those recources.

Answer 8

Highly unlikely. I can't think of a time or culture in history that managed such a thing. But we can do what we can to help those who want a little assistance in improving their situation.

Answer 9

yes,i have an idea for this government instead of giving colour tel
evision to poor and needy,they can monthly give a small amount
to those who are suffering from poverty and,government can giv
e job to those who are unemployed,

Answer 10

tell me what you mean by poverty.as man keeps getting rich he keeps wanting more ,thus he thinks of himself as poor. but if you speak of poverty as in terms of -lack of basic necessities,then i may say it will end when the rich are willing to give work and pay proper salary and the poor are willing to work their butts off