Poverty is a qualitative concept. Give reason
Answers
Explanation:
When we study economics, the assessment of poverty is crucial to understand the rate of development in a country. Let us understand first who are poor and how do we define poverty and the causes of poverty.
In simplest of terms, we can say that poverty refers to the inability of a person to meet the basic needs of life viz. food, clothing and shelter. Those who cannot afford these are considered poor. Or in more technical terms, below the poverty line.
Answer :
★ Causes of poverty is changing trends in a country's economy. Associated with the lack of education, high divorce rate, a culture of poverty, one cause is also illiteracy overpopulation, epidemic diseases such as AIDS and malaria and environmental problems such as lack of rainfall.