explain socio cultural and economic factor responsible for poverty in india
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Because of less economy children of poor do not get proper education.
Social culture is also a cause of poverty as people are discriminated for their caste
Social culture is also a cause of poverty as people are discriminated for their caste
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In order to fulfill social obligations and observe religious ceremonies, people in India including the very poor, spend a lot of money.
Small farmers need money to by agricultural inputs like seeds, fertilizers etc.
Since poor people hardly have some savings, they borrow.
They are unable to repay because of poverty, they become victims of indebtedness.
So, the high level of indebtedness is both the cause and effect of poverty.
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