Taking Advantage Of Behavioral Economics Can Get Aid To More People In Poverty

Harsville, South Carolina is trying to better its educational program. But first it must change the standard of living in the town to provide greater examples of success for the children to follow.

For-profit companies are making good private schools available even to Africa’s poor. They can do it – and can do it on an enormous scale – by hiring neighborhood residents to teach, and scripting out every word of every lesson on an e-reader.

Attending college is not always a given option for gifted teenagers from less-than-wealthy backgrounds. National organization QuestBridge creates a way for low-income and minority high-achieving students to go to their dream colleges free of cost.

In combatting poverty, a giant informal economic system has quietly emerged in Africa. Women participate in micro-finance organizations that loan money in order to allow them to create businesses and become self-managing.

The minimum wage issue has been debated endlessly, with arguments both for and against its effectiveness. An increase, tested in some states and enacted in others, immeasurably betters the quality of life for low-income families.

Children coming from abusive households are often reluctant to discuss their past experiences. A Mexican foundation is using animated characters to help abused and ill children speak about their lives.

The company that manufactures Lifestraw, a water purification device, has found a way to distribute their product to impoverished Kenyan families for free, while still making a profit. In the global carbon credit market, businesses receive carbon credits for projects that reduce greenhouse gas emissions. These credits can then be sold to companies who need to offset their carbon emissions, allowing green companies to make a profit off of their small ecological footprint.

Lack of reading material is not only a third-world problem – many poor families in the United States lack access to and funds for books. A program that helps get books to into the homes of low-income families can boost literacy, and help publishers, too.

Access to electricity in India takes a huge economic, educational, and health-related toll. A small company called Husk Power Systems has created an innovative system that is turning rice husks into electricity and illuminating India’s poorest state.

Colorado causes a large decline in teen pregnancy and abortions by implementing free, long-term birth control to prevent pregnancy. While demonstrating massive success, its continuity is in the air considering the ongoing fight over health insurance at the federal level.