How to Solve Poverty

This video explores the concept of cost of living, its significant impact on poverty, and why addressing it is crucial. The cost of living is defined as the amount of money needed to maintain a certain standard of living, covering essential expenses like housing, food, healthcare, and transportation. The script outlines how a high cost of living contributes to poverty, including its effect on individuals with incomes below the necessary level for basic necessities, the disparity between wage growth and rising expenses, and the specific challenges related to housing and healthcare costs. The importance of addressing cost of living to prevent the perpetuation of poverty and social unrest is emphasized, alongside potential solutions such as affordable housing policies, access to quality healthcare, living wage requirements, and strengthened social welfare programs. The video concludes by advising students passionate about solving these issues to focus on skills in economic analysis, data research, and advocacy.

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What is How to Solve Poverty?

Learn to solve one of the greatest challenges of our time: poverty. In this course you’ll use systems thinking to understand the causes, systems, and obstacles underlying the poverty challenge and discover a portfolio of possible solutions. Explore our easy-to-understand, science-backed lessons with actionable advice and practical skills you can learn to start taking action right away without being an economist!

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