Bankruptcy is a legal status of a person or other entity that cannot repay the debts it owes creditors. In most jurisdictions, bankruptcy is imposed by court order, often initiated by the debtor.
Solving poverty is complex and involves lots of aspects, but at its core it is about enabling people to make a reasonable living.
As poverty is created by the way that society and the economy operate, it can only be fully solved by changing these big issues.
Example : Creating more accessible jobs. Improving education and training so that people are able to ensure their hospitality. We need to have good jobs that offer a reasonable level of pay and conditions to help people work their way out of poverty. It’s also about ensuring that the welfare system provides a safety net that catches/helps people in need.
While we need structural solutions, they do little to help individuals and families struggling right now to manage and escape from poverty.
Example : We need social services to reduce the impacts of poverty (i.e libraries and health care) and enable people to find a way to improve their circumstances. The Commission recognises that, while such support will not prevent poverty reoccurring and affecting others, it is a vital part of the solution for those affected by poverty.
A because it gives historical details
Explanation:
<h3>The three act structure is a narrative model that divides stories into three parts– Act one, Act two, Act three, or rather, a beginning, middle, and end.</h3>
