Question

Although there has been a substantial reduction in global poverty, it is marked with great regional differences'. Explain the statement by giving examples​

Answer 1

Answer:

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Explanation:

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.

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Answer 2

Explanation:

economic for chapter poverty as a challenge .