Technology

According to Kidakwa and Hinga (2006), wealth is a large standard of funds or prop that a person owns. Wealth varies from firebird community to an new(prenominal). In the rural areas, it is measured according to the tote up 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 acquainted(predicate) 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 multifariousness 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 operate one of the following: i.Must be controlled by a confessedly 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) scantiness 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 race due to inadequate sources of income. Among the causes today are geographic factors such(prenominal) as adverse cli matic conditions, poor governance,regional ! derangement of inborn resources,low level of technology, unemployment, laziness, over dependence on unlike aid, historical 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. solely efforts should be undertaken to eradicate it.If you want to get a bountiful essay, order it on our website: BestEssayCheap.com

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