Economy, asked by yogichaudhary, 1 year ago

how is the economic growth is associated with poverty reduction???plzz answer it...

Answers

Answered by akashdas95
3
Economic growth is associated with poverty reduction because economy is directly proportional to poverty because when a country looses its economic strength its rate of poverty increase and when a countries economy rises the rate of poverty decrease.



Hope it will help you.
Answered by Anonymous
2
Hey dear, here is your answer.......!!☺❤

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#,Economic growth is associated with poverty reduction by following ways...⤵⤵

@) Economic growth is defined as the increasing capacity of the economy to satisfy the wants of goods and services of the members of society.
@)Economic growth will lead to production of industrial goods
@) changes in the consumption pattern
@) And there will be wider distribution of goods.
@) This will lead to raise in the standards of living and poverty reduction.

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