Question

Discuss two factors that lead to poverty

Answer 1

1. Lack of education: Lack of education is one of the root causes of poverty. Education is one which has enabled many people to overcome poverty. Hence you can see almost all the nations in the world spend a lot on education. They provide even scholarships to those from economically backward families. Because of education, there was spread of scientific knowledge. Hence there was progress regarding the production of automobiles, electronic gadgets which made huge profits for the manufacturers. There was also rise in employment due to such growth in economic benefits. So on careful observation, one can notice that poverty countries are those who lack sufficient education among their population.

2. Lack of resources: People or nations with some natural resources could eliminate poverty. Middle East countries which are previously considered as desert countries are now some of the wealthiest nations. This is due to the availability of petroleum resources by which they could generate massive income from exports. These countries are also afraid of the decline of oil reserves. Even if the other means of energy generation for automobiles like hydrogen technology arise, then these countries will witness poverty again.