Question

How can the creation of income-earning assets address the problem of poverty? 

पर्याय

• The income-earning assets are thoSe assets the ownership of which are controlled and owned by the members of a household. These are land, capital, labour and different levels of skills. 

• Poverty and inequality of income arise due to improper distribution of and access to such income-earning assets. 

• The labour skills of the poverty-trodden population are usually traditional and poor in quality that consequently leads to poor income and employment opportunities. 

• All of the above 

Answer 1

All of the above

Explanation:

The assets that generate income are those that are controlled and owned by the members of a household. These are land, capital, labour, and various skill levels. Poverty and economic inequality result from the inequitable distribution of and access to such revenue-generating assets. The poverty-stricken population's labour skills are typically conventional and low-quality, resulting in low income and employment opportunities: Furthermore, a large section of the population is involved in small-scale production, which frequently lacks finance and modern equipment.