Economy, asked by 2007gamerz, 19 days ago

Poverty is multidimensional. Explain the statement.

Answers

Answered by vyomsyc6
0

Poverty is bad very bad experience and Exosphere and

Answered by presentmoment
1

Poverty has various facets and it affects all. Therefore, it is multidimensional.

Explanation:

  • Poverty can be defined as the inability of people to fulfill their basic requirements due to a shortage of financial resources.
  • It is a multidimensional phenomena as it not only affects the people who are poor but also affect other people.
  • Poverty also makes people unable to procure basic services such as educational services, health services, and various other benefits.
  • It also affects the growth rate of an economy.
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