Question

explain the black poverty in brief.

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Answer 1

Answer:

Causes of poverty is a highly ideologically charged subject, as different causes point to different remedies. Broadly speaking, the socialist tradition locates the roots of poverty in problems of distribution and the use of the means of production as capital benefiting individuals, and calls for re-distribution of wealth as the solution, whereas the neoliberal school of thought is dedicated to the idea that creating conditions for profitable private investment is the solution.[clarification needed] Neoliberal think tanks have received extensive funding,[1] and the ability to apply many of their ideas in highly indebted countries in the global South as a condition for receiving emergency loans from the International Monetary Fund.

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