Describe global poverty trends.
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Answered by
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Explanation:
The proportion of people in developing countries living in extreme economic poverty i.e. on less than $ 1 per day as defined by World Bank has fallen from 28% in 1990 to 21% in 2001.
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Answered by
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Answer:
hey Dear here is ur ans-------
✔✔✔✔There has been substantial reduction in global poverty, but there are regional disparities as described below
- (i) 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.
- (ii) In Latin America and the Caribbean, the ratio of poverty remained almost the same.
- (iii) In Sub-Saharan Africa, poverty saw an upward trend due to successive droughts. It rose from 51% in 1981 to 47% in 2008.
- (iv) Poverty has again surfaced in some of the former socialist countries like Russia, where formerly it was non-existent.
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