Poverty is a situation wherein human beings arent able to afford basic needs. Its definition is short and sweet, but its implications are vast and complex. President Kennedys inaugural remarks remind us that The challenge of global poverty is not new. Historically, poverty has been an epidemic, killing thousands of people year after year. Over the past several decades, however, there have been very impressive improvements in some parts of the developing world. The United States has witnessed a flourishing of new activists, who provide a compelling example that poverty-reduction goals transcend national borders and political divides. For the people of America, their conscience and faith demand that they tackle this pressing issue because it is the right thing to do. The American people feel pride by helping the poor gain access to quality education, and plenty of opportunities to grow. The intervention of the United States in the global project to reduce poverty is crucial, as it is one of the most influential agenda-sett
ers and has one of the biggest economic and military forces. There are several ways the U.S. is already tackling the issue, such as investing $500 billion in developing countries. This effort to increase economic output in developing nations helps people to improve their living standards. Furthermore, In June 2015, The United States passed the Trade Preferences Extension Act of 2015 (TPEA) to renew some of the preference programs. These preference programs have largely contributed to the reduction of poverty, by alleviating hunger in a large number of developing countries. Since the preference act was first implemented, poverty has fallen drastically worldwide, especially in the last couple of decades, with rates of undernourishment dropping as well. The World Bank estimates that the total number of people living in absolute poverty has fallen from 1.96 billion people in 1991 to 702 million people in 2015. Global rates of absolute poverty have fallen at an even faster rate, from 37 percent in 1991 to 9.6 percent in 2015.