by Gregory Hietala

Created on: January 25, 2009

Looking back into history, I have found it difficult to point to a historic era without finding a large amount of poverty. Even in today's day and age, and despite the "war on poverty" that was started by Lyndon B. Johnson, poverty is still immensely powerful. To the fortune of nations around the globe, there is a way to defeat poverty and boost the middle class, the catch on the other hand, is that this fix will be extremely expensive, and will require a colossal amount of resources. In order to reduce poverty two crucial areas that should be watched carefully and expanded, are infrastructure and technology.

Infrastructure, is one of the key items of a nation that needs to be improved upon and repaired, indefinitely. Infrastructure, anything from roads to electrical lines, to subways, is what keeps large cities running. Without adequate roads and transportation devices, workers would not be able to get to work, which means they would be fired. With sufficient infrastructure, workers can get to work, and the goods that are created in the workplace can also get to the store, which means a better economy all around. By speeding everything up, there will be more economic growth, which has inherently led to a significant decrease in poverty. Therefore, nations around the world, should spend more money on necessary infrastructure improvements, since those will help impoverished people gain their independence from economic woes.

A key part of business growth and growth in general is technology. With a general increase in technology, it is more likely that business's will be attracted simply because of the growth potential and technological availability. However, Technology also makes the every day person's life easier as well, which can led to more work time because of happiness, or even more productivity. Overall, having the government provide incentives for technological growth works the best, because now both business and consumer are receiving the benefits. A rise in technological innovation and creation has historically led to the rise of a nation and the fall of its poverty.

So looking back on history, it should be quite clear that the solution to poverty has been starring at us this entire time. Nations that spend more on infrastructure and technological have historically decreased their poverty rates and have increased their international positioning. Therefore, spending more on infrastructure and technology should be at the top of every world leaders agenda, since it will improve their country, and the world.

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