Economy, asked by Ravinderkour, 1 year ago

Define poverty .how does poverty effects the development of the nation​


annika8956: effects or affects??

Answers

Answered by swetabhagat67
2

Poverty is the scarcity or the lack of a certain amount of material possessions or money. ... Absolute poverty, extreme poverty, or destitution refers to the complete lack of the means necessary to meet basic personal needs such as food, clothing and shelter.

It makes sense that poverty rates arerelated to the overall health of the economy. As the economy grows, so doopportunities for employment and income growth. Stronger labor markets and higher income levels tend to help those families living in poverty move above the poverty threshold

Answered by meghasg2004
4

poverty leads the nation to undeveloped. and because of poverty some members do not get job and they become jobless and there children cannot go to school and becomes uneducated......... so poverty leads to many social causes in the country and further effects the development of the nation...

hope it helps u

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