PROBLEMS OF POVERTY REDUCTION IN KAZAKHSTAN: THEORETICAL CONCEPTS

Poverty is the economic situation of an individual or a social group, in which they cannot satisfy a certain range of minimum needs necessary for living and maintaining their ability to work. Considering the concept of "poverty" as an economic component, one of the elements of "poverty" is the well-being of the population, expressed in the income that it receives, as well as in the expenses that it can make. In this article the most influencing problems of poverty reduction in Kazakhstan are observed in order to consequently provide a research on solutions that can be provided in order to reduce poverty.