Living standards of current population in South Africa

The living standards of current population around the world is increasing gradually, especially noticeable changes are occurring in developed and developing countries in terms of modernization, industrialization, there are also some nation, including the case of South Africa, who are really facing and suffering problem of poverty among societies.
This study aims to identify the poverty factors of household wealth in South Africa. Using data from the World Bank, South Africa provides a suitable example of research due to; it has a long and famous history of high poverty rates, in spite of decreasing in recent years.