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Factors Contributing to the Decline in Global Extreme Poverty

The significant reduction in global extreme poverty since the 19th century, and particularly after 1950, is attributed to a combination of major historical forces. Key drivers include the widespread economic growth and productivity gains initiated by the Industrial Revolution, the expansion of global trade and economic integration known as globalization, advancements in public health and medicine, and the development of social safety nets and international aid programs.

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Updated 2026-05-02

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