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Poverty & Unemployment- 2 Video Lecture | Indian Economy for UPSC CSE

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FAQs on Poverty & Unemployment- 2 Video Lecture - Indian Economy for UPSC CSE

1. What are the main causes of poverty?
Ans. The main causes of poverty include lack of education and skills, limited access to resources and opportunities, unequal distribution of wealth, economic downturns, and social factors such as discrimination and marginalization.
2. How does unemployment contribute to poverty?
Ans. Unemployment contributes to poverty by depriving individuals and families of a stable income, making it difficult to afford basic needs such as food, housing, and healthcare. It can also lead to social and psychological consequences, further exacerbating the cycle of poverty.
3. Are poverty and unemployment related?
Ans. Yes, poverty and unemployment are closely related. High levels of unemployment can lead to an increase in poverty rates as individuals struggle to find employment and earn a living. Conversely, poverty can also contribute to higher unemployment rates as those in poverty face barriers in accessing education and job opportunities.
4. What are the impacts of poverty on society?
Ans. Poverty has numerous impacts on society, including limited economic growth, increased crime rates, reduced educational attainment, compromised healthcare outcomes, and social inequality. These impacts not only affect individuals in poverty but also have broader consequences for the overall well-being of society.
5. How can poverty and unemployment be addressed?
Ans. Poverty and unemployment can be addressed through a combination of approaches, including promoting economic growth and job creation, investing in education and skills training, implementing social safety nets, reducing inequalities, and improving access to basic services and opportunities for marginalized communities. It requires a comprehensive and multi-sectoral approach to effectively tackle these interconnected challenges.
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