ICSE BoardEnglish MediumSTD 9EconomicsPoverty in India3 Marks
Question
Explain the relationship between unemployment and poverty.
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Answer
There is a close relationship between unemployment and poverty.
Poverty in India is largely caused by widespread unemployment alongwith low wage rates.
Unemployment and underemployment have resulted in low levels of income and a large proportion of population living below the minimum subsistence level.
Low quality of employment is equally responsible for poverty.
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