Social Sciences, asked by Sahil231105, 11 months ago

What is the relationship between economic growth and poverty

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Answered by Anonymous
1

Answer:

Economic growth reduces poverty becausegrowth has little impact on income inequality. In the data set income inequality rises on average less than 1.0 percent a year. Since income distributions are relatively stable over time,economic growth tends to raise incomes for all members of society, including the poor.

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