Economy, asked by sanskarverma9990, 1 year ago

“There is a strong link between economic growth and poverty reduction.” Explain.

Answers

Answered by shivamshaurya
13
HEY MATE....!

Yes it is correct, there is a strong link between economic growth and poverty reduction point this is because if our economic growth is good day and poverty will be reduced quite because the main cause of the poverty is the poor economic growth .

HOPE IT HELPS.....

PLEASE FOLLOW ME....

BY SHIVAM SHAURYA
Answered by Anonymous
5
The high growth rate of the Economy has helped India to reduce it's Large Concentration of people living below poverty line.The growth rate rose from 3.5% in the 1970s to 6% in the 1990s.This helped significantly in the reduction of Poverty.
Economic growth of A Country widens Opportunities and provides resources to invest in Human Capital.
From this we can conclude that there is a link between Economic growth and Poverty eradication.


PEACE
Similar questions