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Causes of Poverty and Govt. Approaches to Remove Poverty Video Lecture | Economics Class 12 - Commerce
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FAQs on Causes of Poverty and Govt. Approaches to Remove Poverty Video Lecture - Economics Class 12 - Commerce
| 1. What are the main causes of poverty? |  |
Ans. The main causes of poverty include lack of education and skills, unemployment, low wages, limited access to resources and opportunities, discrimination, political instability, and natural disasters.
| 2. How does the government approach poverty alleviation? | |
Ans. Governments employ various approaches to remove poverty, such as implementing social welfare programs, providing financial assistance, creating job opportunities, promoting education and skill development, improving healthcare services, and enacting policies to reduce income inequality.
| 3. What are some common social welfare programs initiated by governments to reduce poverty? | |
Ans. Common social welfare programs include cash transfer schemes, food assistance programs, housing subsidies, healthcare subsidies, education scholarships, employment generation programs, and initiatives to empower marginalized communities.
| 4. How does education play a role in poverty reduction efforts? | |
Ans. Education is essential for poverty reduction as it equips individuals with knowledge, skills, and opportunities for economic and social advancement. It improves employment prospects, helps break the cycle of intergenerational poverty, and enables individuals to make informed decisions for their well-being.
| 5. How can governments address income inequality to combat poverty effectively? | |
Ans. Governments can address income inequality by implementing progressive taxation policies, increasing minimum wages, promoting fair labor practices, providing equal access to education and healthcare, investing in social infrastructure, and supporting inclusive economic growth strategies. These measures aim to ensure a more equitable distribution of resources and opportunities.
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Oct 24, 2024 Last updated |
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