Economy, asked by chyavart10, 2 months ago

"Poverty' and 'Inequality in income distribution' are the hindrances in the process of economic
development. Explain​

Answers

Answered by anjumsaba5832
1

Answer:

:Yes, Poverty and Inequality are create hinderances

Explanation:

Because it creates the situation of have and havenotes stuff. In which poverty stricken never get enough in their pocket to increase their demands whereas due to unequal incomes rich becomes richer and their demands increase with increase in income whereas reverse happen in Can poor they become poorer... so their contribution to economy is varied . Rich contribute more and poor equivalent to zero.

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