1. World problems
  2. Limited purchasing power

Limited purchasing power

  • Insufficient buying power
  • Lack of purchasing power

Claim

People in developing countries are hungry because they are poor, not because there is insufficient food or land available there. Even when people are starving to death, there may be quite enough food within the country but they cannot afford to purchase what is available.

One of the major contradictions in the international economy is the fact that productive resources lie idle in developed-market economy countries because the largest group of potential customers, namely the developing countries, lack the means to purchase the output, even to the extent of satisfying basic human needs.

Broader

Narrower

Aggravates

Malnutrition
Presentable
Hunger
Presentable

Aggravated by

Strategy

Value

Power
Yet to rate
Limitedness
Yet to rate
Lack
Yet to rate
Insufficiency
Yet to rate

SDG

Sustainable Development Goal #10: Reduced InequalitySustainable Development Goal #12: Responsible Consumption and Production

Metadata

Database
World problems
Type
(D) Detailed problems
Biological classification
N/A
Subject
  • Amenities » Consumption
  • Commerce » Purchasing, supplying
  • Societal problems » Scarcity
  • Content quality
    Unpresentable
     Unpresentable
    Language
    English
    1A4N
    D8362
    DOCID
    11483620
    D7NID
    140167
    Last update
    Oct 4, 2020