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What is the primary definition of poverty mentioned in the provided text?
  • a)
    Poverty refers to a lack of access to quality education.
  • b)
    Poverty is the inability to secure the basic minimum necessities of life.
  • c)
    Poverty is solely caused by unemployment.
  • d)
    Poverty is defined by one's inability to afford luxury goods.
Correct answer is option 'B'. Can you explain this answer?
Verified Answer
What is the primary definition of poverty mentioned in the provided te...
According to the provided text, poverty is defined as the inability to secure even the basic minimum necessities of life. This includes access to essentials like food, shelter, and other basic needs.
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What is the primary definition of poverty mentioned in the provided te...
The primary definition of poverty mentioned in the text is:
1. Poverty is the inability to secure the basic minimum necessities of life:
Poverty is characterized by a lack of access to essential resources and services required for a decent standard of living. This includes necessities such as food, shelter, healthcare, and clothing. Individuals living in poverty often struggle to meet their basic needs on a daily basis, leading to a precarious and vulnerable existence.
By focusing on the inability to secure basic minimum necessities, this definition highlights the dire circumstances faced by those living in poverty. It emphasizes the lack of access to fundamental resources that are essential for human well-being and dignity. This definition underscores the urgent need for interventions and policies aimed at addressing poverty and improving the quality of life for those affected.
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Passage 2After the end of World War II, a pervasive, but unfortunately fallacious, economic perspective took hold. Based on the United States successful emergence from the Depression, the idea that war was good for an economy became fashionable. However, linking the United States economic recovery with its entry into World War II is a prime example offlawed economic thinking.Supporters of the war benefits economy theory hold that a country at war is a country with a booming economy. Industry must produce weapons, supplies, food, and clothing for the troops. The increased production necessitates the hiring of more people, reducing unemployment. More employment means more money in the pockets of citizens, who are then likely to go out and spend that money, helping the retail sector of the economy. Retail shops experience an increase in business and may need to hire more workers, further reducing unemployment and adding to the economic momentum. While this scenario sounds good in theory, it does not accurately represent what truly happens in a war time economy.In reality, the government can fund a war in a combination of three ways. It can raise taxes, cut spending on other areas, or increase the national debt. Each of these strategies has a negative impact on the economy. An increase in taxes takes money out of an individuals hands, leading to a reduction in consumer spending.Clearly, there is no net benefit to the economy in that case. Cutting spending in other areas has its costs as well, even if they are not as obvious.Any reduction in government spending means the imposition of a greater burden on the benefactors of that government spending. Cutbacks in a particular program mean that the people who normally depend on that program now must spend more of their money to make up for the government cuts. This also takes money out of consumers hands and leaves the economy depressed. Of course, a government could go into debt during the war, but such a strategy simply means that at some point in the future, taxes must be increased or spending decreased. Plus, the interest on the debt must be paid as well.Q. The "pervasive...economic perspective" mentioned in line 1 took hold because

Passage 2After the end of World War II, a pervasive, but unfortunately fallacious, economic perspective took hold. Based on the United States successful emergence from the Depression, the idea that war was good for an economy became fashionable. However, linking the United States economic recovery with its entry into World War II is a prime example offlawed economic thinking.Supporters of the war benefits economy theory hold that a country at war is a country with a booming economy. Industry must produce weapons, supplies, food, and clothing for the troops. The increased production necessitates the hiring of more people, reducing unemployment. More employment means more money in the pockets of citizens, who are then likely to go out and spend that money, helping the retail sector of the economy. Retail shops experience an increase in business and may need to hire more workers, further reducing unemployment and adding to the economic momentum. While this scenario sounds good in theory, it does not accurately represent what truly happens in a war time economy.In reality, the government can fund a war in a combination of three ways. It can raise taxes, cut spending on other areas, or increase the national debt. Each of these strategies has a negative impact on the economy. An increase in taxes takes money out of an individuals hands, leading to a reduction in consumer spending.Clearly, there is no net benefit to the economy in that case. Cutting spending in other areas has its costs as well, even if they are not as obvious.Any reduction in government spending means the imposition of a greater burden on the benefactors of that government spending. Cutbacks in a particular program mean that the people who normally depend on that program now must spend more of their money to make up for the government cuts. This also takes money out of consumers hands and leaves the economy depressed. Of course, a government could go into debt during the war, but such a strategy simply means that at some point in the future, taxes must be increased or spending decreased. Plus, the interest on the debt must be paid as well.Q. Which of the following situations best mirrors the effect that cutting spending in government programs has, as detailed in the passage?

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What is the primary definition of poverty mentioned in the provided text?a)Poverty refers to a lack of access to quality education.b)Poverty is the inability to secure the basic minimum necessities of life.c)Poverty is solely caused by unemployment.d)Poverty is defined by one's inability to afford luxury goods.Correct answer is option 'B'. Can you explain this answer?
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What is the primary definition of poverty mentioned in the provided text?a)Poverty refers to a lack of access to quality education.b)Poverty is the inability to secure the basic minimum necessities of life.c)Poverty is solely caused by unemployment.d)Poverty is defined by one's inability to afford luxury goods.Correct answer is option 'B'. Can you explain this answer? for UPSC 2025 is part of UPSC preparation. The Question and answers have been prepared according to the UPSC exam syllabus. Information about What is the primary definition of poverty mentioned in the provided text?a)Poverty refers to a lack of access to quality education.b)Poverty is the inability to secure the basic minimum necessities of life.c)Poverty is solely caused by unemployment.d)Poverty is defined by one's inability to afford luxury goods.Correct answer is option 'B'. Can you explain this answer? covers all topics & solutions for UPSC 2025 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for What is the primary definition of poverty mentioned in the provided text?a)Poverty refers to a lack of access to quality education.b)Poverty is the inability to secure the basic minimum necessities of life.c)Poverty is solely caused by unemployment.d)Poverty is defined by one's inability to afford luxury goods.Correct answer is option 'B'. Can you explain this answer?.
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