Question

How does poverty become a social and economic challenge? Write your thoughts.​

Answer 1

Answer:

Poverty reduction is one of the world's most important challenges, and it is proposed the private sector has an important role to play in creating the economic growth, employment and purchasing options needed for significant poverty reduction. Poverty is highly correlated with many negative measurable aspects of standards of living and therefore reducing poverty can have a positive impact on the lives of millions of people around the world. There is much to learn about poverty reduction through examining examples in Asia, as it is the region of the world which has both the most people currently living in poverty and has had the most success in reducing poverty.

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