define poverty and unemployment
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Unemployment leads to financial crisis and reduces the overall purchasing capacity of a nation. ... As per the World Bank definition, poverty implies a financial condition where people are unable to maintain the minimum standard of living. Poverty can be of different types like absolute poverty and relative poverty.
Answered by
1
Question:
define poverty and unemployment
Explanation:
Unemployment leads to financial crisis and reduces the overall purchasing capacity of a nation. ... As per the World Bank definition, poverty implies a financial condition where people are unable to maintain the minimum standard of living. Poverty can be of different types like absolute poverty and relative poverty.
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