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Seminar paper from the year 2017 in the subject Business economics - Economic and Social History, grade: 2, , language: English, abstract: Poverty and poverty reduction is one of the most debated topics in international studies over the years because of its continued increase in most of the developed and less developed economies across the globe. It is a multidimensional phenomena describing various dimensions witnessed in a huge number of populations as lacking the opportunity with most of the opportunities for instance, job opportunities remaining closed for the poor masses thus rendering them the most inactive in society, lacking empowerment which makes the poor masses to have limited choices, and lack of security thus making them more vulnerable to violence and diseases.