Explain the major causes of widespread poverty in India.
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Causes of poverty in India - definition
There were number of causes for the widespread poverty in India. ... Unequal distribution of land and other resources, less job opportunities, low growth rate of incomes, failure in promotion of economic growth and population control perpetuated the cycle of poverty.
Answer:
major causes of poverty are as follows :-
1) LACK OF UNEMPLOYMENT OPPORTUNITIES: -
due to job seeker is increasing in number at a higher rate than the expansion in employment opportunities.
2) INCREASE RATE IN POPULATION: -
In our country, population is increasing with a rapid speed, as due to that the demand for goods and services are continuously rising.
3) RISING PRICES OF GOODS :-
prices of goods are rising , as as result the persons in lower income group find it difficult to get their minimum needs.
4) SIZE OF FAMILY:-
The larger the size of family, the lower is the per capita income, and the lower is the standard of living.
5) UNEQUAL DISTRIBUTION OF LAND AND OTHER RESOURCES:-
Land and other forms of assets constitute sources of income for the rural people. But, unfortunately, there has been unequal distribution of land and other assets in our economy
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