Question

how does the level of poverty depends on the growth of the community​

Answer 1

Explanation:

Economic growth reduces poverty because growth has little impact on income inequality. In the data set income inequality rises on average less than 1.0 percent a year. Since income distributions are relatively stable over time, economic growth tends to raise incomes for all members of society, including the poor.

Poverty can dampen growth when market imperfections (market failures, incomplete or uncompetitive markets) combine with investment indivisibilities, fixed costs, and strategic complementarities.

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