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Land Reform
Policy changes aimed at creating a more efficient distribution of land ownership in developing countries. Can involve everything from government purchasing large land estates and dividing the land into smaller farms to consolidating tiny plots of land into larger, more efficient private farms.
Institutional Obstacle
Barriers established by social, legal, or political institutions that hinder economic development or the operation of markets.
Extreme Poverty
A condition characterized by severe deprivation of basic human needs, including food, safe drinking water, sanitation facilities, health, shelter, education, and information. It depends not only on income but also access to services.
Basic Human Needs
Fundamental requirements necessary for individuals to live a healthy and comfortable life, including food, water, shelter, and clothing.
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