Technology

According to Kidakwa and Hinga (2006), wealth is a large standard of currency or spot that a person owns. Wealth varies from profound community to an different. In the rural areas, it is measured according to the bill of agricultural land, livestock and wives that one has. In the urban areas, it is the self-command of electronics, vehicles, modern houses, big houses, businesses or well-paying jobs. Among the relevant sources of wealth in modern society include employment in familiar or private organizations, self-employment, bride wealth, investment and gains from gambling, winning the lottery or gifts. Money is a medium of exchange in the mixed bag of coin sand paper notes. It is also known as legal tender. Other forms include cheques, money orders and credit cards. property in Kenya was initiated in the 19th century. Before then, trade was carried nonexistent in the form of barter and for it to be accepted as a medium of exchange had to at least victor one of the f ollowing: i.Must be controlled by a unbent authority, usually the government. ii.Has to be accepted and recognized universally. iii.Has to be want and divisible into smaller units. iv.Should be relatively scarce so as to retain its value. v.Should be easy to carry and store.

(Kioko et al, 2005) pauperization is the state of being without adequate basic necessities of life much(prenominal) as food, shelter and clothing. It is the economic helplessness of an individual, people and a earth due to inadequate sources of income. Among the causes today are geographic factors such(prenominal) as adverse climatic conditions, poor governance,regional derangement of born(p) resources,l ow level of technology, unemployment, lazine! ss, over dependence on unlike aid, diachronic and social factors such as poor family emphasize among other factors. Poverty is therefore an undesirable condition because it brings anguish to individuals and nations affected. all told efforts should be undertaken to eradicate it.If you want to get a bounteous essay, order it on our website: OrderEssay.net

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