Tuesday, November 12, 2013

3 Ways that Business Can Alleviate Poverty

Business has become a dirty word. Doing business with the poor seems taboo, shocking, unthinkable. But what if business could improve the lives of the world's poorest people?
According to the World Resources Institute, there are 4 billion people worldwide who live below the Western poverty line. 1 billion of them live on less than $1 per day. They are known as the base of the pyramid. Anyone travelling to the developing world has seen slums and shantytowns. The base of the pyramid live in squalid conditions -- without access to clean water, toilets or basic medicine. Children play in sewage. Young adults walk around crippled with polio. Older adults, blind from cataracts, are led by hand or sit idly.
This article originally appeared in the Huffington Post. Read the full article here.

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