wat r the main reasons of poverty?.. explain in 5 sentences...or more..
Answers
Answer:
Causes of poverty:
1. Increase rate of rising population
2. Less productivity in agriculture
3. Less utilization of resources
4. A short rate of economic development
5. Increasing price rise
6. Unemployment
7. Shortage of capital and able entrepreneurship
8. Social factors
Answer:
(i) Heavy pressure of population:
(ii) Unemployment and under employment:
(iii) Capital Deficiency:
(iv) Under-developed economy:
(v) Increase in Price:
(vi) Net National Income:
(vii) Rural Economy:
(viii) Lack of Skilled Labour
Explanation:
1 lack of good jobs
2 lack of good education
3 warfare /conflict
4 social injustice
5 lack of food
Poverty is a state or condition in which a person or community lacks the financial resources and essentials for a minimum standard of living. Poverty means that the income level from employment is so low that basic human needs can't be met.