Question

What are the root causes of poverty in rural areas in the Philippines

Answer 1

Answer:

The answer is as follows:-

Explanation:

Causes of Poverty

The main causes of poverty in the country include the following:

●Low to moderate economic growth for the past 40 years;

●Low growth elasticity of poverty reduction;

weakness in employment generation ●Quality of jobs generated;

●Failure to fully develop the agriculture sector;

●High inflation during crisis periods;

●High levels of population growth;

●High and persistent levels of inequality (incomes and assets), which dampen the positive impacts of economic expansion;

●Recurrent shocks and exposure to risks such as economic crisis, conflicts, natural disasters,and "environmental poverty."