Abstract: Even if we do not want to think about it: poverty, as in one having less money, resources, or opportunities than another, is inevitable. Unlike the GDP alone may suggest, the economy is worse off for more people. The causes of poverty, typically including inflation, wage stagnation, educational opportunities or the lack of opportunities, debt, corruption, and unemployment, making it increasingly difficult if not impossible to obtain necessities needed to live. Even if a specific area has job opportunities, one or more of these factors may become an issue, keeping more people in poverty. While the free market can not regulate itself, it could be regulated through government intervention such as incentives, paid sick leave and paternity/maternity leave, affordable healthcare and health insurance available to anyone, and reforms to the justice system so that nonviolent offenders are not punished with prison time, and so that nonviolent offenders are not punished with prison time, and so that offenders, incarcerated or not, would be able to become a part of normal society again. This paper takes a look at the meaning of poverty, the inevitability of poverty, statistics for income, and provides an understanding of the effects of poverty and solutions for how to start solving or reducing it.Keywords: Poverty, Akron, Statistics, Solution
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