Business Studies, asked by neeva6522, 1 year ago

Reasons for financial crisis facing common peoples

Answers

Answered by Anonymous
1
The poor economic condition, illiteracy , unemployment are some of the major reasons.
Answered by royboy
1
HI!!

HERE IZ UR ANSWER.

Poverty is the one of the problems India is facing with.A/c to data 22% of people in India comes under official poverty line.

Not only poor but middle classers are also facing the financial problem.
Some of the reasons possible are:-

1. Increased inflation rate in India.
Previous year in 2017, it was 3.8% which was higher than previous one.

2.Increasing Unemployment day by day.

3. Lack of proper planning by our govt. to tackle inflation.

4. Involvement of third person in sales of vegetables, and daily basic facilities.

5. Indian govt not responding to decrease in rates of Crude oil overseas.

HOPE IT HELPS!!
Similar questions