ECONOMICS (CBSE/UGC NET)

ECONOMICS

ECONOMIC DEVELOPMENT

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
It has been a major constraint to economic growth and poverty reduction in the Philippines.
A
educational standard
B
economic development
C
trade
D
level of infrastructure
Explanation: 

Detailed explanation-1: -Insufficient infrastructure has been a major constraint to economic growth and poverty reduction in the Philippines. Though the country has relatively high access levels to water, sanitation, and electricity, service levels have failed to keep up with rapid population growth and urbanization.

Detailed explanation-2: -Among the issues that they address are food insecurity, hunger and poor nutrition, poor quality of education, land and housing insecurity, and poor sanitation.

Detailed explanation-3: -Great inequality across income brackets, regions, and sectors, as well as unmanaged population growth, are considered some of the key factors constraining poverty reduction efforts. Note: See the latest available poverty data on the Philippines.

Detailed explanation-4: -Policy can reduce inequality by supporting employment and workers, improving education access and quality, promoting inclusive rural development, strengthening social protection mechanisms, and addressing inequality of opportunity.

There is 1 question to complete.