Economy, asked by alihaider6497, 1 year ago

Is there any relationship between unemployment and poverty? Explain

Answers

Answered by Jerry77
70
Yes there is a relationship between unemployment and poverty as unemployment leads to poverty and poverty in return leads to unemployment. unemployment is absence or lack of opportunities for earning money it will obviously lead to poverty . poverty is need for money which could only be possible when there is a source of income.
Answered by bratislava
9

Relationship between unemployment and poverty.

Explanation:

  • The poverty is a condition and may or may not be a product of the unemployment and this may lead to the hunger, financial crisis and also includes the gloom and indebtedness as an unemployed person has no means to earn money and thus cannot full fills his basic needs.
  • The unemployment can be a product of the government policies, market regulation and status of the economy such as a recessions and may occurs due to the competition in terms of the globalized trade. It may be partial, seasonal and permanent.
  • The poverty being mostly related to the material wealth and may includes the elements such as the political and social and economical and relates to most of the income levels of the individuals and thus forms a relationship with the unemployment.

Learn more about the relationship between unemployment and poverty.

  • brainly.in/question/2253801 answered by Jerry77.
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