Technology

According to Kidakwa and Hinga (2006), wealth is a large standard of coin or space that a person owns. Wealth varies from underlying community to an different. In the rural areas, it is measured according to the nub 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 known 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 concoction 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 extinct in the form of barter and for it to be accepted as a medium of exchange had to at least cross one of the following : i.Must be controlled by a straightforward authority, usually the government. ii.Has to be accepted and recognized universally. iii.Has to be dogged 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) exiguity 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 landed estate due to inadequate sources of income. Among the causes today are geographic factors much(prenominal) as adverse climatic conditions, poor governance,regional derangement of graphic resour ces,low level of technology, unemployment, l! aziness, 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. every(prenominal) efforts should be undertaken to eradicate it.If you want to get a unspoiled essay, order it on our website: OrderEssay.net

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