Question

what are the causes of poverty​

Answer 1

Answer:

The causes of poverty may vary with respect to nation, region, and in comparison with other countries at the global level. Yet, there is a commonality amongst these causes.

Answer 2

☆Following are the main causes of poverty:-

1. Increase rate of rising population:bIn the last 45 years, the population has increased at a whopping rate of 2.2% per annum. An average of approx. 17 million people are added every year to the population which raises the demand for consumption goods considerably.
2. A short rate of economic development: In India, the rate of economic development is very low what is required for a good level. Therefore, there persists a gap between the level of availability and requirements of goods and services. The net result is poverty.
3. Increasing prices: Poor is becoming poorer because of continuous and steep price rise. It has benefited a few people in the society and the persons in the lower-income groups find it difficult to get their minimum needs.
4. Unemployment: One of the main causes of poverty is the continuous expanding army of unemployed in our country. The job seeker is increasing in number at a higher rate than the expansion in employment opportunities.
5. Social factors: Our country’s social set-up is very much backward with the rest of the world and not at all beneficial for faster development. The caste system, inheritance law, rigid traditions and customs are putting hindrances in the way of faster development and have aggravated the problem of poverty.
6. Political factors: We all know that the East India Company started lopsided development in India and had reduced our economy to a colonial state. They exploited the natural resources to suit their interests and weaken the industrial base of the Indian economy. Hence, the planning was of immense failure to handle the problems of poverty and unemployment.