After I watched Jeffery Sachs’s lecture on what defines poverty, it’s become clear to me that the definition of poverty : “the state of being extremely poor” is an understatement as there are various other factors that create our contemporary definition of Poverty.
What Sachs defined as poverty is inadequate access to potable water, food, shelter which all falls under the title of basic needs which aligns with my prior definition of poverty. However, Sachs goes on to mention the lack of access to electricity and education which do not fall under basic needs as it isn’t required for survival. The two are still considered due to the importance we placed in society which implies our definitions change with the time and current paradigms.
Another point that changed my perception of poverty is the fact that many countries with respectable GDP still have some incidence of extreme poverty like Sachs example of Rio. Showing that you cannot confine poverty to one area only and rather need to see poverty as a whole not from international borders but rather as existing on earth.