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Poverty & Unemployment- 3 Video Lecture | Indian Economy for UPSC CSE

139 videos|298 docs|136 tests

FAQs on Poverty & Unemployment- 3 Video Lecture - Indian Economy for UPSC CSE

1. What is the relationship between poverty and unemployment?
Ans. Poverty and unemployment are closely related as unemployment often leads to poverty. When individuals are unable to find employment or earn a stable income, they face financial difficulties and may fall below the poverty line. Additionally, poverty can also contribute to higher unemployment rates as limited access to education and resources make it harder for individuals to secure employment opportunities.
2. How does poverty affect unemployment rates?
Ans. Poverty can impact unemployment rates by creating a cycle of joblessness. When individuals are living in poverty, they often lack access to quality education, healthcare, and resources that can enhance their employability. This leads to a higher unemployment rate as individuals struggle to find stable employment due to a lack of skills or opportunities.
3. What are the main causes of poverty and unemployment?
Ans. The causes of poverty and unemployment are multi-faceted and can vary across different regions. Some common causes include lack of education and skills, economic downturns, inadequate job opportunities, discrimination, technological advancements, and insufficient social welfare systems. These factors contribute to the high levels of poverty and unemployment observed in many communities.
4. How can poverty and unemployment be alleviated?
Ans. Tackling poverty and unemployment requires a comprehensive approach. Some strategies that can help alleviate these issues include promoting inclusive economic growth, providing quality education and vocational training, implementing social protection programs, encouraging entrepreneurship and small business development, and creating a supportive business environment. Additionally, addressing systemic issues such as discrimination and inequality can also contribute to reducing poverty and unemployment rates.
5. What are the potential impacts of poverty and unemployment on society?
Ans. Poverty and unemployment can have far-reaching consequences for society. They can lead to social unrest, increased crime rates, health disparities, intergenerational poverty, and reduced economic productivity. Moreover, the burden of poverty and unemployment falls disproportionately on marginalized groups, exacerbating existing inequalities and hindering overall societal progress. Addressing these issues is crucial for creating a more equitable and prosperous society.
139 videos|298 docs|136 tests

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