what is historocal cause for poverty in india
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The following are some of the major reasons of poverty:
Low level of economic development
Demographic trends like high growth rate of population
Structural inequalities like caste system
Lack of oppurtunities in the form of education and employment to get out of poverty trap
Unequal distribution of resources in world economy
Surplus labour in primary sectors of economy rather than being diverted to other sectors.
Low level of economic development
Demographic trends like high growth rate of population
Structural inequalities like caste system
Lack of oppurtunities in the form of education and employment to get out of poverty trap
Unequal distribution of resources in world economy
Surplus labour in primary sectors of economy rather than being diverted to other sectors.
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