Question

how is socio cultural and economic factors responsible for poverty in India​

Answer 1

Answer:

MANY SOCIO-CULTURAL AND ECONOMIC FACTORS ARE ALSO RESPONSIBLE FOR POVERTY.IN ORDER TO FULFILL SOCIAL OBLIGATIONS AND OBSERVE RELIGIOUS CEREMONIES , PEOPLE IN INDIA , INCLUDING THE VERY POOR , SPEND A LOT OF MONEY.SMALL FARMERS NEED MONEY TO BUY AGRICULTURAL INPUTS LIKE SEEDS , FERTILIZERS , PESTICIDES , ETC. SINCE POOR PEOPLE HARDLY HAVE ANY SAVINGS , THEY BORROW MONEY FROM MONEY LENDERS . UNABLE TO REPAY BECAUSE OF POVERTY , THEY BECOME VICTIMS OF INDEBTEDNESS . SO THE HIGH LEVEL OF INDEBTEDNESS IS BOTH A CAUSE AND EFFECT OF POVERTY

Answer 2

Answer:

India has widespread poverty due to various, socio-cultural and economic reasons:

Socio-cultural causes of poverty

In order to fulfil social obligations and observe religious ceremonies, most people in India including the poor used to spent lot of money. This take them back to poverty.

Economic causes of Poverty

Small farmers used to take loans to buy seeds, fertilisers, pesticides etc. When there is crop failure they become indebted. This takes them under poverty.

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