Question

What are the different causes of poverty?

Options

• Poverty itself is the biggest cause of poverty

• Low level of economic development

• Income Inequalities

• All of the above

Answer 1

All of the above

Explanation:

Poverty has a variety of causes, some of which are discussed below:

1. Poverty is both a cause and an effect of poverty: Poverty is both a cause and an effect of poverty. Because he is impoverished, a man is poor. It's known as the "vicious circle of poverty".
2. Low economic development: During British rule, the British government destroyed India's textile industry. They used India as a raw material exporter and a buyer of completed goods. They took advantage of our economy and left it devastated.
3. Income Inequalities: Land was unequally divided according to the Zamindari System. Even other sources of income were unequally allocated. This imbalance persisted after independence and continues to this day. It also resulted in poverty. However, during the planning process, efforts were made to eliminate income inequality through a system.