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A. Lucius, Senior Content writer, Diploma in Literature, Dover, Delaware
Answered Oct 04, 2019
Poverty will always have an effect on the economy of the company. First of all, because of poverty, the demand for certain things will be greatly reduced. Items that the company may sell will start not to sell well because people do not have the money to purchase these items anymore.
Second thing, it would require different agencies to provide welfare programs, which means that there is even less money available to the companies who are trying to sell their items. Some of the employees may also get affected by poverty, and they may not have the means anymore to go to work. It can be problematic for everyone because everyone will become affected.