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Meaning of Poverty and Characteristics of Poor people Video Lecture | Economics Class 12 - Commerce

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FAQs on Meaning of Poverty and Characteristics of Poor people Video Lecture - Economics Class 12 - Commerce

1. What is the meaning of poverty?
Ans. Poverty refers to a state of deprivation where individuals or communities lack the necessary resources and capabilities required to meet their basic needs and enjoy a minimum standard of living.
2. What are the characteristics of poor people?
Ans. The characteristics of poor people may vary but commonly include limited access to education, healthcare, and basic services, low income or unemployment, inadequate housing conditions, food insecurity, and vulnerability to various risks and shocks.
3. How does poverty affect education?
Ans. Poverty can significantly affect education as it limits access to quality education and resources such as textbooks, school supplies, and qualified teachers. Poor children often face barriers to enrollment, higher dropout rates, and have limited opportunities for higher education, perpetuating the cycle of poverty.
4. What are the main causes of poverty?
Ans. The main causes of poverty are multifaceted and can include factors such as limited economic opportunities, inadequate social protection systems, discrimination, unequal distribution of resources, lack of access to education and healthcare, environmental degradation, and conflicts.
5. How can poverty be alleviated?
Ans. Poverty alleviation requires a comprehensive approach that addresses its root causes. Effective strategies include promoting inclusive economic growth, providing social protection programs, improving access to quality education and healthcare, empowering marginalized groups, promoting gender equality, investing in infrastructure and sustainable development, and fostering good governance and accountability.
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