Question

How does economic growth led to poverty system

Answer 1

Economic growth generates job opportunities and hence stronger demand for labour, the main and often the sole asset of the poor. ... Macroeconomic factors, such as low inflation, export orientation and low labour taxes, help to determine how much employment is created by growth.

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Answer 2

economic growth generates job opportunities and hence stronger demand for labour, the main and often the sole asset of the poor... Macroeconomic factors, such as low inflation, export orientation and low labour taxes, help to determine how much employment is created by growth ...


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