List out the causes responsible for poverty in India.

1.	List out the causes responsible for poverty in India.
Answer» Poverty is explained by individual circumstances and/or characteristics of poor people. Some examples are: 1. low levels of education and skills 2. inrmity, ill health, sickness 3. discrimination. These can be caused as a result of 1. Social, economic and political inequality 2. Social exclusion 3. Unemployment 4. Indebtedness 5. Unequal distribution of wealth. Aggregate poverty is just the sum of individual poverty. Poverty is also explained by general, economy-wide problems, such as: 1. Low capital formation 2. Lack of infrastructure 3. Lack of demand 4. Pressure of population 5. Lack of social/welfare nets.

Answer»

Poverty is explained by individual circumstances and/or characteristics of poor people.

Some examples are:

1. low levels of education and skills

2. inrmity, ill health, sickness

3. discrimination.

These can be caused as a result of

1. Social, economic and political inequality

2. Social exclusion

3. Unemployment

4. Indebtedness

5. Unequal distribution of wealth.

Aggregate poverty is just the sum of individual poverty. Poverty is also explained by general, economy-wide problems,

such as:

1. Low capital formation

2. Lack of infrastructure

3. Lack of demand

4. Pressure of population

5. Lack of social/welfare nets.

Discussion

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