ECONOMICS (CBSE/UGC NET)

ECONOMICS

TECHNOLOGY

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Which of the following is considered as one of the major causes of poverty in the Philippines?
A
malnutrition
B
low economic growth
C
child labor
D
crime and thievery
Explanation: 

Detailed explanation-1: -This might seem like a no-brainer: Without a job or a livelihood, people will face poverty. Dwindling access to productive land (often due to conflict, overpopulation, or climate change) and overexploitation of resources like fish or minerals puts increasing pressure on many traditional livelihoods.

Detailed explanation-2: -Economic growth has helped in the reduction of poverty, making it clear that there is a strong link between economic growth and poverty reduction. Economic growth encourages people to send their children, including the girl child, to schools in the hope of getting better economic returns from investing in education.

Detailed explanation-3: -These disasters, which include typhoons, earthquakes and cyclones, cause horrific devastation and contribute heavily to the high poverty rate in this country. Other causes of poverty in the Philippines include low job creation, low economic growth and high levels of population growth.

Detailed explanation-4: -Economists believe that economic growth benefits nearly all citizens of a country and therefore reduces poverty. If economic growth raises the income of everyone in a society in an equal proportion, then the distribution of income will not change.

There is 1 question to complete.