Economy, asked by ketubh07, 6 months ago

What is poverty?Mention the new indicators of poverty.​

Answers

Answered by Kumarchhavi
4

Answer:

Poverty is about to not having enough money to meet basic needs including food, clothes, and shelter.Most often people try to escape their poverty.

  • Lack of opportunities.
  • Lack of access to safe drinking water.
  • Lack of access to health care.

Explanation:

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Answered by aricpandya76
1

Inability to be Self-reliant as a Poverty Measure

One additional poverty indicator should be mentioned—one that views those who are without the capability to be self-reliant as the ones with the lowest economic position. This view rests on two considerations, one conceptual and the other practical. The conceptual reason is the more basic. This position has its foundations in the writings of Sen (1992, 1997), who argued ‘that the basic failure that poverty implies is one of having minimally adequate capabilities,’ (1992, p. 111) and hence that ‘poverty is better seen in terms of capability failure than in terms of the failure to meet the “basic needs” of specified commodities’ (1992, p. 109).

There is also a policy-related reason for developing a capability measure of poverty. In recent years there has been renewed civic debate regarding appropriate norms and standards for individual responsibility and behavior, and hence the appropriate role of the state. A prominent viewpoint in this debate has emphasized the merits of individual independence (relative to reliance on government programs), the negative effects of government programs on individual behavior, and the desirability of a smaller economic and social policy role for government. If society is to base policy on the central social goal of ‘economic independence,’ then it would seem important to identify the size, composition, and growth of the population of citizens who do not have the capability to be independent in a market economy.

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