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Poverty & Unemployment- 1 Video Lecture | Indian Economy for UPSC CSE

139 videos|298 docs|136 tests

FAQs on Poverty & Unemployment- 1 Video Lecture - Indian Economy for UPSC CSE

1. What are the main causes of poverty?
Ans. Poverty can be caused by various factors including lack of education, unemployment, low wages, discrimination, economic recession, and lack of access to basic necessities such as healthcare and housing.
2. How does unemployment contribute to poverty?
Ans. Unemployment directly impacts an individual's ability to earn an income, leading to financial instability and potentially pushing them into poverty. Without a steady source of income, individuals may struggle to meet their basic needs.
3. Can poverty lead to higher rates of unemployment?
Ans. Yes, poverty can lead to higher rates of unemployment as individuals living in poverty may face barriers to accessing education and job opportunities. Additionally, economic disparities can contribute to a cycle of poverty and unemployment.
4. What are some strategies to reduce poverty and unemployment?
Ans. Some strategies to reduce poverty and unemployment include investing in education and job training programs, raising the minimum wage, providing support for small businesses, and implementing policies that promote economic growth and job creation.
5. How does the government address poverty and unemployment?
Ans. The government can address poverty and unemployment through social welfare programs, job creation initiatives, economic stimulus packages, and policies aimed at reducing income inequality. By implementing targeted interventions, the government can help alleviate the impact of poverty and unemployment on individuals and communities.
139 videos|298 docs|136 tests

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