Economy, asked by sachinnagpal, 6 months ago

'although 3 has been a substantial reduction in global poverty is marked with great regional differences ' explain the statement by giving examples​

Answers

Answered by Ahezamkhan9724
1

Answer:

There have been substantial reduction in global poverty, but there are regional disparities as described below -

1. Poverty declined in China and South-East Asian countries as a result of rapid economic growth and huge investments in the development of human resources.

2. In Latin America, the ratio of poverty remained almost the same.

3. In Sub-Saharan Africa, poverty saw an upward trend rather than a downward trend. It rose from 41% in 1981 to 46% in 2001.

4. Poverty has surfaced itself in some of the former socialist countries like Russia, where formerly it was non-existent.

5. In South Asian Countries like India, Nepal, Pakistan we have witnessed a decline but it has been marginal.

Similar questions